PPP Loan information for Transicion inc

$16,391

Transicion inc was initially approved for PPP Loan of amount $16,391, the current approved amount is $16,391. The loan was approved on 02/02/2021 by The First State Bank Southwest reported 3 jobs and $16,391 was used to fund payroll.

Transicion inc is Existing or more than 2 years old

PPP Loan Search / MN / Worthington / Transicion inc

TRANSICION INC

Date Approved

02/02/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

TRANSICION INC

Borrower Address

1531 Oxford St

Borrower City

Worthington

Borrower State

MN

Borrower Zip

56187-1859

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

16391.00

Current Approval Amount

16391.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38811

Servicing Lender Name

First State Bank Southwest

Servicing Lender Address

202 8th Ave SE

Servicing Lender City

PIPESTONE

Servicing Lender State

MN

Servicing Lender Zip

56164-2140

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Worthington

Project County Name

NOBLES

Project State

MN

Project Zip

56187-1859

CD

MN-01

Jobs Reported

3

NAICS Code

812112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

16389.00

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

38811

Originating Lender

First State Bank Southwest

Originating Lender City

PIPESTONE

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16470.68

Forgiveness Date

08/04/2021

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