This loan was approved on
and has been fully disbursed.
1815 Rollins Rd
Burlingame, CA 94010-2204
Mixed Mode Transit Systems
1815 Rollins Rd Burlingame, CA 94010-2204
During round 1 of the paycheck protection program, Proterra, Inc requested a PPP loan for $10,000,000.00. They were approved on 4/30/2020 by the SBA for an amount of $10,000,000.00. The loan was facillitated by Town Center Bank. Of the approved amount, Proterra, Inc has received 100% of the approved amount.
The automated clearing house payment system reaches all U.S. bank accounts and is an extremely cost-effective way to move money. This helps explain the ACH Network’s steady growth. Nacha says the ACH Network processed 7.6 billion in payments worth $19.2 trillion in the 2014 fiscal year, a 5.6 percent increase over the previous year.
The couple, Dora Brown and Christopher Scott, each face multiple counts of wire fraud.