The National Transit Corporation

$1,187,200 PPP Loan in Melvindale, Michigan

Loan Details

Loan Number
2831747309
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$1,187,200
Current Approval
$1,187,200
Forgiveness Amount
$1,201,018
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The National Transit Corporation
Address
18765 Seaway Dr
ZIP Code
48122-1954
Business Type
Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561110)
Business Age
Existing or more than 2 years old
Jobs Reported
83
Estimated Revenue
$15.7M
Rural/Urban
Urban
Congressional District
MI-13

Loan Use Breakdown

Payroll
$949,788
Mortgage Interest
$237,412

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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