PPP Loan information for Transitions driving academy

$77,500

Transitions driving academy was initially approved for PPP Loan of amount $77,500, the current approved amount is $77,500. The loan was approved on 02/19/2021 by The PNC Bank, National Association reported 6 jobs and $77,500 was used to fund payroll.

Transitions driving academy is Existing or more than 2 years old

TRANSITIONS DRIVING ACADEMY

Date Approved

02/19/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

TRANSITIONS DRIVING ACADEMY

Borrower Address

1454 Northwest Hwy

Borrower City

Garland

Borrower State

TX

Borrower Zip

75041-5206

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

77500.00

Current Approval Amount

77500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Garland

Project County Name

DALLAS

Project State

TX

Project Zip

75041-5206

CD

TX-05

Jobs Reported

6

NAICS Code

923110

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

77500.00

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

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

78141.53

Forgiveness Date

12/20/2021

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