I & Y Transit Corp.

$978,535 PPP Loan in Douglaston, New York

Loan Details

Loan Number
2788107701
Date Approved
May 1, 2020
Loan Status
Exemption 4
Initial Approval
$978,535
Current Approval
$978,535
Forgiveness Amount
$525,861
Forgiveness Date
Aug 25, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
I & Y Transit Corp.
Address
245-37 60th Ave
ZIP Code
11362
Business Age
Existing or more than 2 years old
Jobs Reported
130
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
NY-03

Loan Use Breakdown

Payroll
$954,275
Rent
$8,635
Utilities
$10,000
Health Care
$5,625

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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