PPP Loan information for Transcend motors llc

$26,116

Transcend motors llc was initially approved for PPP Loan of amount $26,116, the current approved amount is $26,116. The loan was approved on 06/24/2020 by The MBE Capital Partners reported 4 jobs and $26,116 was used to fund payroll.

Transcend motors llc is Existing or more than 2 years old

TRANSCEND MOTORS LLC

Date Approved

06/24/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TRANSCEND MOTORS LLC

Borrower Address

1042 Benstein Rd Suite 104, Commerce Township, Michigan, 48390

Borrower City

Commerce Township

Borrower State

MI

Borrower Zip

48390

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

26116.00

Current Approval Amount

26116.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529431

Servicing Lender Name

MBE Capital Partners

Servicing Lender Address

1 Bridge Plaza N. # 550

Servicing Lender City

Fort Lee

Servicing Lender State

NJ

Servicing Lender Zip

07024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Commerce Township

Project County Name

OAKLAND

Project State

MI

Project Zip

48390-0001

CD

MI-11

Jobs Reported

4

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

26116.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

529431

Originating Lender

MBE Capital Partners

Originating Lender City

Fort Lee

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

26554.89

Forgiveness Date

03/01/2022

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