PPP Loan information for Transformation network

$939,500

Transformation network was initially approved for PPP Loan of amount $939,500, the current approved amount is $939,500. The loan was approved on 04/06/2020 by The Sutton Bank reported 130 jobs and $939,500 was used to fund payroll.

Transformation network is Existing or more than 2 years old

PPP Loan Search / OH / ASHLAND / Transformation network

TRANSFORMATION NETWORK

Date Approved

04/06/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

TRANSFORMATION NETWORK

Borrower Address

1310 CLAREMONT AVE

Borrower City

ASHLAND

Borrower State

OH

Borrower Zip

44805-3529

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

939500.00

Current Approval Amount

939500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53273

Servicing Lender Name

Sutton Bank

Servicing Lender Address

1 S Main St

Servicing Lender City

ATTICA

Servicing Lender State

OH

Servicing Lender Zip

44807-9803

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHLAND

Project County Name

ASHLAND

Project State

OH

Project Zip

44805-3529

CD

OH-04

Jobs Reported

130

NAICS Code

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

43621.00

Payroll Proceed

785879.00

Mortgage Interest Proceed

40000.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30000.00

Debt Interest Proceed

20000

Business Type

Non-Profit Organization

Originating Lender Location Id

53273

Originating Lender

Sutton Bank

Originating Lender City

ATTICA

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

944699.42

Forgiveness Date

11/03/2020

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