PPP Loan information for Transmotion inc

$568,722

Transmotion inc was initially approved for PPP Loan of amount $568,722, the current approved amount is $568,722. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 56 jobs and $568,722 was used to fund payroll.

Transmotion inc is Existing or more than 2 years old

PPP Loan Search / IL / DOWNERS GROVE / Transmotion inc

TRANSMOTION INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

TRANSMOTION INC

Borrower Address

2325 WISCONSIN AVE

Borrower City

DOWNERS GROVE

Borrower State

IL

Borrower Zip

60515

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

568722.00

Current Approval Amount

568722.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DOWNERS GROVE

Project County Name

DUPAGE

Project State

IL

Project Zip

60515-0001

CD

IL-06

Jobs Reported

56

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

568722.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

574361.83

Forgiveness Date

04/27/2021

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