PPP Loan information for Transformer services inc

$300,248

Transformer services inc was initially approved for PPP Loan of amount $300,248, the current approved amount is $300,248. The loan was approved on 03/16/2021 by The KeyBank National Association reported 18 jobs and $300,248 was used to fund payroll.

Transformer services inc is Existing or more than 2 years old

TRANSFORMER SERVICES INC

Date Approved

03/16/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

TRANSFORMER SERVICES INC

Borrower Address

7905 NE Cherry Dr

Borrower City

Hillsboro

Borrower State

OR

Borrower Zip

97124-8161

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

300248.00

Current Approval Amount

300248.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hillsboro

Project County Name

WASHINGTON

Project State

OR

Project Zip

97124-8161

CD

OR-01

Jobs Reported

18

NAICS Code

237130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

300244.00

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

Subchapter S Corporation

Originating Lender Location Id

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

301967.23

Forgiveness Date

10/27/2021

;