PPP Loan information for Transformative development corporation

$28,700

Transformative development corporation was initially approved for PPP Loan of amount $28,700, the current approved amount is $28,700. The loan was approved on 03/10/2021 by The Bank of Holly Springs reported 7 jobs and $28,700 was used to fund payroll.

Transformative development corporation is Existing or more than 2 years old

TRANSFORMATIVE DEVELOPMENT CORPORATION

Date Approved

03/10/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

TRANSFORMATIVE DEVELOPMENT CORPORATION

Borrower Address

198 N Memphis St

Borrower City

Holly Springs

Borrower State

MS

Borrower Zip

38635-2258

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

28700.00

Current Approval Amount

28700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39223

Servicing Lender Name

Bank of Holly Springs

Servicing Lender Address

970 Hwy 7 S

Servicing Lender City

HOLLY SPRINGS

Servicing Lender State

MS

Servicing Lender Zip

38635-9174

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Holly Springs

Project County Name

MARSHALL

Project State

MS

Project Zip

38635-2258

CD

MS-01

Jobs Reported

7

NAICS Code

624120

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

28700.00

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

39223

Originating Lender

Bank of Holly Springs

Originating Lender City

HOLLY SPRINGS

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

28799.65

Forgiveness Date

07/16/2021

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