PPP Loan information for Transel corporation

$41,700

Transel corporation was initially approved for PPP Loan of amount $41,700, the current approved amount is $41,700. The loan was approved on 04/06/2020 by The Peoples Bank reported 6 jobs and $41,700 was used to fund payroll.

Transel corporation is Existing or more than 2 years old

TRANSEL CORPORATION

Date Approved

04/06/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

TRANSEL CORPORATION

Borrower Address

865 COLUMBUS AVE

Borrower City

LEBANON

Borrower State

OH

Borrower Zip

45036-1692

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41700.00

Current Approval Amount

41700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEBANON

Project County Name

WARREN

Project State

OH

Project Zip

45036-1692

CD

OH-01

Jobs Reported

6

NAICS Code

423120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

31275.00

Mortgage Interest Proceed

0.00

Rent Proceed

10425.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42064.88

Forgiveness Date

03/03/2021

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