3RD AVENUE TRANSIT INC. (NY) - 2020 PPP Loan Borrower Profile (# 1821187200)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 3RD AVENUE TRANSIT 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

1821187200

SBA Office Code

0202

Processing Method

PPP

Curent Loan Amount

$402,800

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$405,923.08

Date Loan was Forgiven

Feb 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

Payroll Proced

306,213

Mortgage Interest Proceed

Rent Proceed

Refinance EIDL Proceed

Health Care Proceed

96,587

Debt Interest Proceed

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Corporation

NAICS

485410

Borrower Location

Brooklyn, NY

Project Location

Brooklyn, NY

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.