PPP Loan information for Transformer technologies llc

$588,835

Transformer technologies llc was initially approved for PPP Loan of amount $588,835, the current approved amount is $588,835. The loan was approved on 04/14/2020 by The Beneficial State Bank reported 46 jobs and $588,835 was used to fund payroll.

Transformer technologies llc is Existing or more than 2 years old

TRANSFORMER TECHNOLOGIES LLC

Date Approved

04/14/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

TRANSFORMER TECHNOLOGIES LLC

Borrower Address

4705 Turner Road SE

Borrower City

Salem

Borrower State

OR

Borrower Zip

97317

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

588835.00

Current Approval Amount

588835.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448130

Servicing Lender Name

Beneficial State Bank

Servicing Lender Address

1438 Webster St, Ste 100

Servicing Lender City

OAKLAND

Servicing Lender State

CA

Servicing Lender Zip

94612-3229

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

MARION

Project State

OR

Project Zip

97317-0002

CD

OR-05

Jobs Reported

46

NAICS Code

562119

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

588835.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

448130

Originating Lender

Beneficial State Bank

Originating Lender City

OAKLAND

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

594416.83

Forgiveness Date

04/06/2021

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