Ideal Transit Inc.

$386,955 PPP Loan in Baldwin Park, California

Loan Details

Loan Number
6241357308
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$386,955
Current Approval
$386,955
Forgiveness Amount
$391,588
Forgiveness Date
Jul 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ideal Transit Inc.
Address
13404 Waco St.
ZIP Code
91773
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (485111)
Business Age
New Business or 2 years or less
Jobs Reported
59
Estimated Revenue
$22.7M
Rural/Urban
Urban
Congressional District
CA-31

Loan Use Breakdown

Payroll
$386,955

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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