PPP Loan information for The center of transformation

$50,000

The center of transformation was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 05/18/2021 by The Readycap Lending, LLC reported 10 jobs and $50,000 was used to fund payroll.

The center of transformation is Existing or more than 2 years old

THE CENTER OF TRANSFORMATION

Date Approved

05/18/2021

SBA Office Code

0373

Processing Method

PPP

Borrower Name

THE CENTER OF TRANSFORMATION

Borrower Address

1331 Ashton Rd Ste F

Borrower City

Hanover

Borrower State

MD

Borrower Zip

21076-3157

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hanover

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21076-3157

CD

MD-03

Jobs Reported

10

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49999.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

501(c)3 – Non Profit

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

50206.85

Forgiveness Date

11/10/2021

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