PPP Loan information for Trans equipment co inc

$214,100

Trans equipment co inc was initially approved for PPP Loan of amount $214,100, the current approved amount is $214,100. The loan was approved on 04/13/2020 by The Truist Bank reported 23 jobs and $214,100 was used to fund payroll.

Trans equipment co inc is Existing or more than 2 years old

TRANS EQUIPMENT CO INC

Date Approved

04/13/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

TRANS EQUIPMENT CO INC

Borrower Address

4423 OREGON PIKE

Borrower City

EPHRATA

Borrower State

PA

Borrower Zip

17522-9495

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

214100.00

Current Approval Amount

214100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EPHRATA

Project County Name

LANCASTER

Project State

PA

Project Zip

17522-9495

CD

PA-11

Jobs Reported

23

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

214100.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

215592.75

Forgiveness Date

12/31/2020

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