COVID Stimulus Watch Individual Entry

Recipient Company:

The Trans Group, LLC/Chestnut Ridge Transportation, Inc./Educational Bus, Inc./Educational Bus Transportation, Inc./E.B.T., Inc./Jaco Transportation,

Loan or Loan Guarantee Amount:

$16,000,000

Recipient Details

Ownership Structure: privately held

Facility City: Spring Valley

Facility State: NY

Award Details

Award Date: Oct 28, 2020

Award Type: loan

Award Details: Amount is principal amount of loan purchased by the Main Street Loan Program. This loan has multiple co-borrowers. CO-BORROWERS: 1. The Trans Group, LLC (Spring Valley, NY); 2. Chestnut Ridge Transportation, Inc. (Spring Valley, NY); 3. Educational Bus, Inc. (Spring Valley, NY); 4. Educational Bus Transportation, Inc. (Spring Valley, NY); 5. E.B.T., Inc. (Spring Valley, NY); 6. Jaco Transportation, Inc. (Spring Valley, NY); 7. Student Xpress of the Hudson Valley, LLC (Spring Valley, NY).

PPP Lender: Manufacturers And Traders Trust Company

Program Name: Main Street Loan Program

Legislation: CARES

Awarding Agency: Federal Reserve

Data Source for Award:

https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Good Jobs First has not matched this entity to a parent company.

Accountability Issues Since 2010

Good Jobs First does not have any accountability data for this record.