PPP Loan information for Transcontinental contracting inc

$914,100

Transcontinental contracting inc was initially approved for PPP Loan of amount $914,100, the current approved amount is $914,100. The loan was approved on 01/28/2021 by The Valley National Bank reported 56 jobs and $914,100 was used to fund payroll.

Transcontinental contracting inc is Existing or more than 2 years old

PPP Loan Search / NJ / Newark / Transcontinental contracting inc

TRANSCONTINENTAL CONTRACTING INC

Date Approved

01/28/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

TRANSCONTINENTAL CONTRACTING INC

Borrower Address

256 Pacific St

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07114-2805

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

914100.00

Current Approval Amount

914100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07114-2805

CD

NJ-10

Jobs Reported

56

NAICS Code

238120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

914096.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

919508.42

Forgiveness Date

09/07/2021

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