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TRANSIT ADMINISTRATIVE CENTER INC.

Company Details

Entity Name: TRANSIT ADMINISTRATIVE CENTER INC.
Jurisdiction: Illinois
Entity Type: Corporation - Domestic BCA
Status: Goodstanding
Date Formed: 19 May 2016
Company Number: CORP_70714213
File Number: 70714213
Type of Business: All Inclusive Purpose
Place of Formation: ILLINOIS

Agent

Name and Address Role Appointment Date
REGISTERED AGENTS INC., 2501 CHATHAM RD SUITE R, SPRINGFIELD, 62704, SANGAMON Agent 2025-01-30

President

Name and Address Role
JOHN MOBERG 2501 CHATHAM RD STE R SPRINGFIELD IL 62704 President

Secretary

Name and Address Role
CINDY GELHAUS 2501 CHATHAM RD STE R SPRINGFIELD IL 62704 Secretary

Shares

Class Series Voting Rights Authorized Shares Issued Shares Par Value
COMMON No data Voting Rights 100 100000 No data

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
5666569000 2021-05-22 0507 PPP 3351 W Addison St, Chicago, IL, 60618-4303
Loan Status Date 2024-02-07
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 20833
Loan Approval Amount (current) 16940
Undisbursed Amount 0
Franchise Name -
Lender Location ID 538160
Servicing Lender Name Lendistry SBLC, LLC
Servicing Lender Address 767 South Alameda Street Suite 340, Los Angeles, CA, 90021
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Chicago, COOK, IL, 60618-4303
Project Congressional District IL-03
Number of Employees 1
NAICS code 485999
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Sole Proprietorship
Originating Lender ID 514546
Originating Lender Name BSD Capital, LLC dba Lendistry
Originating Lender Address Brea, CA
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 17376.26
Forgiveness Paid Date 2024-01-19
3339157105 2020-04-11 0507 PPP 3351 W ADDISON STREET, CHICAGO, IL, 60618-4303
Loan Status Date 2021-05-20
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 423355
Loan Approval Amount (current) 423355
Undisbursed Amount 0
Franchise Name -
Lender Location ID 58036
Servicing Lender Name Fifth Third Bank
Servicing Lender Address 38 Fountain Sq Plz, CINCINNATI, OH, 45263
Rural or Urban Indicator U
Hubzone N
LMI Y
Business Age Description Existing or more than 2 years old
Project Address CHICAGO, COOK, IL, 60618-4303
Project Congressional District IL-03
Number of Employees 39
NAICS code 561110
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 58036
Originating Lender Name Fifth Third Bank
Originating Lender Address CINCINNATI, OH
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 427541.51
Forgiveness Paid Date 2021-04-13
4128548301 2021-01-22 0507 PPS 3800 N Milwaukee Ave Ste A, Chicago, IL, 60641-2844
Loan Status Date 2022-04-20
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 277897.5
Loan Approval Amount (current) 277897.5
Undisbursed Amount 0
Franchise Name -
Lender Location ID 58036
Servicing Lender Name Fifth Third Bank
Servicing Lender Address 38 Fountain Sq Plz, CINCINNATI, OH, 45263
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Chicago, COOK, IL, 60641-2844
Project Congressional District IL-05
Number of Employees 73
NAICS code 561110
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 58036
Originating Lender Name Fifth Third Bank
Originating Lender Address CINCINNATI, OH
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 280985.25
Forgiveness Paid Date 2022-03-10

Date of last update: 13 Mar 2025

Sources: Illinois Office of the Secretary of State