PPP Loan information for Y & m transit corp

$2,000,000

Y & m transit corp was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 04/08/2021 by The Ridgewood Savings Bank reported 288 jobs and $2,000,000 was used to fund payroll.

Y & m transit corp is Existing or more than 2 years old

Y & M TRANSIT CORP

Date Approved

04/08/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

Y & M TRANSIT CORP

Borrower Address

1 Coffey St

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11231-1544

Loan Status Date

05/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49907

Servicing Lender Name

Ridgewood Savings Bank

Servicing Lender Address

71-02 Forest Ave

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

11385-5647

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11231-1544

CD

NY-10

Jobs Reported

288

NAICS Code

485410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

49907

Originating Lender

Ridgewood Savings Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2020166.67

Forgiveness Date

04/13/2022

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