As part of the Paycheck Protection Program AMERICAN TRANSIT INSURANCE COMPANY was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

AMERICAN TRANSIT INSURANCE COMPANY


Loan Amount	$7,518,397
BusinessName	AMERICAN TRANSIT INSURANCE COMPANY
Address	1 MetroTech Center 7th Floor
City	Brooklyn
State	NY
Zip	11201
NAICSCode	524126
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	500
DateApproved	04/09/2020
Lender	JPMorgan Chase Bank, National Association
CD	NY-08
BusinessName.clean	AMERICAN TRANSIT INSURANCE COMPANY

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

KRESS BROTHERS BUILDERS
AMERICAN TRANSMISSION AUTO EXCHANGE
KRETEK INTERNATIONAL
KRETSCHMAR SMITH
KRETZ LUMBER COMPANY