# PPP loan: NORTHEASTERN TRANSIT INC
> **$246K** approved 01/21/2021 · Paid in Full · Loan `2892808303`
## Borrower
- **Name:** NORTHEASTERN TRANSIT INC
- **Address:** 625 Capouse Ave # 625, Scranton, PA, 18509-3119
- **NAICS:** 485410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $247K (100%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $246K
- **Utilities:** $1
- **Jobs reported:** 77
## Lender
- **Originating:** Peoples Security Bank and Trust Company
- **Servicing:** Peoples Security Bank and Trust Company (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*