PPP Loan information for Transition acquisition llc

$256,763

Transition acquisition llc was initially approved for PPP Loan of amount $256,763, the current approved amount is $256,763. The loan was approved on 03/16/2021 by The Community Federal Savings Bank reported 25 jobs and $256,763 was used to fund payroll.

Transition acquisition llc is Existing or more than 2 years old

TRANSITION ACQUISITION LLC

Date Approved

03/16/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

TRANSITION ACQUISITION LLC

Borrower Address

5004 13th Ave

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11219-3518

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

256762.72

Current Approval Amount

256762.72

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225775

Servicing Lender Name

Community Federal Savings Bank

Servicing Lender Address

89-16 Jamaica Ave

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

11421-2040

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11219-3518

CD

NY-10

Jobs Reported

25

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

256760.72

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

Limited Liability Company(LLC)

Originating Lender Location Id

225775

Originating Lender

Community Federal Savings Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

258852.48

Forgiveness Date

01/12/2022

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