PPP Loan information for Trans-exec air service, inc

$800,000

Trans-exec air service, inc was initially approved for PPP Loan of amount $800,000, the current approved amount is $800,000. The loan was approved on 06/19/2020 by The American Express National Bank reported 30 jobs and $800,000 was used to fund payroll.

Trans-exec air service, inc is Existing or more than 2 years old

TRANS-EXEC AIR SERVICE, INC

Date Approved

06/19/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

TRANS-EXEC AIR SERVICE, INC

Borrower Address

7240 Hayvenhurst Place 200

Borrower City

Van Nuys

Borrower State

CA

Borrower Zip

91406

Loan Status Date

08/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

800000.00

Current Approval Amount

800000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Van Nuys

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91406-0200

CD

CA-29

Jobs Reported

30

NAICS Code

481211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

560000.00

Mortgage Interest Proceed

0.00

Rent Proceed

240000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

816000.00

Forgiveness Date

07/01/2022

;