Transit Group Incorporated

$357,105 PPP Loan in Gaithersburg, Maryland

Loan Details

Loan Number
7971187301
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$357,105
Current Approval
$357,105
Forgiveness Amount
$341,278
Forgiveness Date
Jul 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Transit Group Incorporated
Address
8201 Snouffer School Rd
ZIP Code
20879-1503
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (812990)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$7.6M
Rural/Urban
Urban
Congressional District
MD-08

Loan Use Breakdown

Payroll
$357,105

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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