PPP Loan information for Trans east inc

$531,293

Trans east inc was initially approved for PPP Loan of amount $3,081,504, the current approved amount is $531,293. The loan was approved on 04/09/2020 by The Truist Bank reported 53 jobs and $531,293 was used to fund payroll.

Trans east inc is Existing or more than 2 years old

PPP Loan Search / NC / DUNN / Trans east inc

TRANS EAST INC

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TRANS EAST INC

Borrower Address

405 E EDGERTON ST

Borrower City

DUNN

Borrower State

NC

Borrower Zip

28334-4223

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3081504.00

Current Approval Amount

531292.53

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DUNN

Project County Name

HARNETT

Project State

NC

Project Zip

28334-4223

CD

NC-13

Jobs Reported

53

NAICS Code

811219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

531292.53

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

537461.43

Forgiveness Date

06/15/2021

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