PPP Loan information for Transtech inc

$380,100

Transtech inc was initially approved for PPP Loan of amount $380,100, the current approved amount is $380,100. The loan was approved on 04/11/2020 by The Truist Bank reported 54 jobs and $380,100 was used to fund payroll.

Transtech inc is Existing or more than 2 years old

TRANSTECH INC

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TRANSTECH INC

Borrower Address

1261 HWY 70 W

Borrower City

NEWTON

Borrower State

NC

Borrower Zip

28658-0583

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

380100.00

Current Approval Amount

380100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTON

Project County Name

CATAWBA

Project State

NC

Project Zip

28658-0583

CD

NC-10

Jobs Reported

54

NAICS Code

611699

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

380100.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

384112.17

Forgiveness Date

05/06/2021

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