Transit, LLC

$928,850 PPP Loan in Los Angeles, California

Loan Details

Loan Number
7672207000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$928,850
Current Approval
$928,850
Forgiveness Amount
$939,971
Forgiveness Date
Jul 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Transit, LLC
Address
3211 S La Cienega Blvd
ZIP Code
90016-3112
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Arts, Entertainment, and Recreation (711190)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$6.2M
Rural/Urban
Urban
Congressional District
CA-37

Loan Use Breakdown

Payroll
$646,560
Rent
$227,000
Utilities
$5,000
Health Care
$50,290

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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