PPP Loan information for Trans electric company inc

$125,200

Trans electric company inc was initially approved for PPP Loan of amount $125,200, the current approved amount is $125,200. The loan was approved on 04/13/2020 by The First Vision Bank of Tennessee reported 9 jobs and $125,200 was used to fund payroll.

Trans electric company inc is Existing or more than 2 years old

TRANS ELECTRIC COMPANY INC

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

TRANS ELECTRIC COMPANY INC

Borrower Address

845 SPUR ST

Borrower City

MURFREESBORO

Borrower State

TN

Borrower Zip

37129-3650

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125200.00

Current Approval Amount

125200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437145

Servicing Lender Name

First Vision Bank of Tennessee

Servicing Lender Address

1401 N Jackson St

Servicing Lender City

TULLAHOMA

Servicing Lender State

TN

Servicing Lender Zip

37388-2341

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MURFREESBORO

Project County Name

RUTHERFORD

Project State

TN

Project Zip

37129-3650

CD

TN-04

Jobs Reported

9

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

125200.00

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

437145

Originating Lender

First Vision Bank of Tennessee

Originating Lender City

TULLAHOMA

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

115852.80

Forgiveness Date

11/09/2020

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