American Transit Insurance Company

$7,518,397 PPP Loan in Brooklyn, New York

Loan Details

Loan Number
9874787007
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$7,518,397
Current Approval
$7,518,397
Forgiveness Amount
$7,627,894
Forgiveness Date
Sep 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
American Transit Insurance Company
Address
1 Metrotech Center 7th Floor 0.0
ZIP Code
11201-3949
Business Type
Corporation
Industry (NAICS)
Finance and Insurance (524126)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$256.9M
Rural/Urban
Urban
Congressional District
NY-07

Loan Use Breakdown

Payroll
$5,999,999
Rent
$300,000
Utilities
$18,398
Health Care
$1,200,000

Lender Information

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

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