People's Transit Ltd.

$279,832 PPP Loan in Romulus, Michigan

Loan Details

Loan Number
4156348406
Date Approved
Feb 6, 2021
Loan Status
Paid in Full
Initial Approval
$279,832
Current Approval
$279,832
Forgiveness Amount
$281,805
Forgiveness Date
Oct 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
People's Transit Ltd.
Address
29017 Highland Rd
ZIP Code
48174-2531
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (485111)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$13.8M
Rural/Urban
Urban
Congressional District
MI-13

Loan Use Breakdown

Payroll
$279,830
Utilities
$1

Lender Information

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

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