PPP Loan information for The transformation center

$324,800

The transformation center was initially approved for PPP Loan of amount $324,800, the current approved amount is $324,800. The loan was approved on 05/14/2020 by The Citizens Bank, National Association reported 16 jobs and $324,800 was used to fund payroll.

The transformation center is Existing or more than 2 years old

THE TRANSFORMATION CENTER

Date Approved

05/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

THE TRANSFORMATION CENTER

Borrower Address

98 Magazine Street

Borrower City

Roxbury

Borrower State

MA

Borrower Zip

02119

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

324800.00

Current Approval Amount

324800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Roxbury

Project County Name

SUFFOLK

Project State

MA

Project Zip

02119-0001

CD

MA-07

Jobs Reported

16

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

324800.00

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

Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

330842.17

Forgiveness Date

04/13/2022

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