2221 TRANSIT ROAD INC. (NY) - 2020 PPP Loan Borrower Profile (# 4898118003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 2221 TRANSIT ROAD INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in New York.

Loan Detail

Loan Number

4898118003

SBA Office Code

0296

Processing Method

PPP

Curent Loan Amount

$426,500

Date Loan was Approved

Jun 26, 2020

Amount Forgiven

$429,269.33

Date Loan was Forgiven

Feb 19, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

36,613

Payroll Proced

319,887

Rent Proceed

70,000

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

ELMA, NY

Project Location

ELMA, NY

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

114

Business Age Description

Existing or more than 2 years old

Data Source: SBA.