PPP Loan information for Transcendence inc

$172,485

Transcendence inc was initially approved for PPP Loan of amount $172,485, the current approved amount is $172,485. The loan was approved on 04/03/2021 by The ServisFirst Bank reported 6 jobs and $172,485 was used to fund payroll.

Transcendence inc is Existing or more than 2 years old

TRANSCENDENCE INC

Date Approved

04/03/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

TRANSCENDENCE INC

Borrower Address

60 Commerce St

Borrower City

Montgomery

Borrower State

AL

Borrower Zip

36104-3530

Loan Status Date

11/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

172485.00

Current Approval Amount

172485.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Montgomery

Project County Name

MONTGOMERY

Project State

AL

Project Zip

36104-3530

CD

AL-07

Jobs Reported

6

NAICS Code

541512

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

172482.00

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

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

175091.44

Forgiveness Date

10/04/2022

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