Global Transit Inc
3040 Wyoming, Dearborn, MI 48120 · General Freight Trucking, Long Distance, Truckload (NAICS 484121)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
3
Total Amount
$3.6M
Jobs Supported
106
Years Active
2021–2021
Loan History (3)
Source: SBA FOIA7(a)$780,000
Exempt
- Approved
- Sep 28, 2021 (FY2021)
- SBA Guaranteed
- $702,000 (90%)
- Term
- 50 months (4.2 yrs)
- Interest Rate
- 6.00%
- Revolver
- 0
- Jobs Supported
- 13
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- General Freight Trucking, Long Distance, Truckload (NAICS 484121)
Lender
Jpmorgan Chase Bank, National Association
1111 Polaris Pkwy, Columbus, OH 43240
Project Location
Wayne County, MI
7(a)$1,665,000
Cancelled
- Approved
- Jul 30, 2021 (FY2021)
- SBA Guaranteed
- $1,498,500 (90%)
- Term
- 300 months (25.0 yrs)
- Interest Rate
- 4.50%
- Revolver
- 0
- Jobs Supported
- 60
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- General Freight Trucking, Long Distance, Truckload (NAICS 484121)
Lender
Choiceone Bank
109 E Division St, Sparta, MI 49345
Project Location
Wayne County, MI
7(a)$1,200,000
Cancelled
- Approved
- Jul 30, 2021 (FY2021)
- SBA Guaranteed
- $1,080,000 (90%)
- Term
- 48 months (4.0 yrs)
- Interest Rate
- 4.00%
- Revolver
- 0
- Jobs Supported
- 33
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- General Freight Trucking, Long Distance, Truckload (NAICS 484121)
Lender
Choiceone Bank
109 E Division St, Sparta, MI 49345
Project Location
Wayne County, MI
Business Details
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- NAICS Code
- 484121 — General Freight Trucking, Long Distance, Truckload
- Address
- 3040 Wyoming
Dearborn, MI 48120
Lenders
- Jpmorgan Chase Bank, National Association
- 1111 Polaris Pkwy, Columbus, OH 43240
- Choiceone Bank
- 109 E Division St, Sparta, MI 49345