PPP Loan information for Trans-ed, inc.

$938,110

Trans-ed, inc. was initially approved for PPP Loan of amount $938,110, the current approved amount is $938,110. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 185 jobs and $938,110 was used to fund payroll.

Trans-ed, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Paterson / Trans-ed, inc.

TRANS-ED, INC.

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

TRANS-ED, INC.

Borrower Address

2 Industrial Plaza

Borrower City

Paterson

Borrower State

NJ

Borrower Zip

07503

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

938110.00

Current Approval Amount

938110.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Paterson

Project County Name

PASSAIC

Project State

NJ

Project Zip

07503-1000

CD

NJ-09

Jobs Reported

185

NAICS Code

485410

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

5200.00

Payroll Proceed

810000.00

Mortgage Interest Proceed

11950.00

Rent Proceed

53600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2066.00

Debt Interest Proceed

55294

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

869000.09

Forgiveness Date

02/10/2021

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