PPP Loan information for Translang, ltd

$307,500

Translang, ltd was initially approved for PPP Loan of amount $307,500, the current approved amount is $307,500. The loan was approved on 04/15/2020 by The Sandy Spring Bank reported 21 jobs and $307,500 was used to fund payroll.

Translang, ltd is Existing or more than 2 years old

TRANSLANG, LTD

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

TRANSLANG, LTD

Borrower Address

PO Box 232

Borrower City

GREAT FALLS

Borrower State

VA

Borrower Zip

22066

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

307500.00

Current Approval Amount

307500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GREAT FALLS

Project County Name

FAIRFAX

Project State

VA

Project Zip

22066-0001

CD

VA-11

Jobs Reported

21

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

76875.00

Payroll Proceed

230625.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

311198.42

Forgiveness Date

07/07/2021

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