Transit U Inc.

$89,010 PPP Loan in Lewes, Delaware

Loan Details

Loan Number
5829468505
Date Approved
Mar 2, 2021
Loan Status
Paid in Full
Initial Approval
$89,010
Current Approval
$89,010
Forgiveness Amount
$74,782
Forgiveness Date
May 19, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Transit U Inc.
Address
20578 Turtle Dr
City
Lewes
ZIP Code
19958-2663
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (485113)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$11.1M
Rural/Urban
Rural
Congressional District
DE-

Loan Use Breakdown

Payroll
$89,007
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Northeast Bank

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