PPP Loan information for Transition composites engineering inc.

$103,372

Transition composites engineering inc. was initially approved for PPP Loan of amount $103,372, the current approved amount is $103,372. The loan was approved on 02/11/2021 by The U.S. Bank, National Association reported 13 jobs and $103,372 was used to fund payroll.

Transition composites engineering inc. is Existing or more than 2 years old

TRANSITION COMPOSITES ENGINEERING INC.

Date Approved

02/11/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

TRANSITION COMPOSITES ENGINEERING INC.

Borrower Address

2649 DELTA RD 101

Borrower City

FERNDALE

Borrower State

WA

Borrower Zip

98248

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

103372.00

Current Approval Amount

103372.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FERNDALE

Project County Name

WHATCOM

Project State

WA

Project Zip

98248

CD

WA-01

Jobs Reported

13

NAICS Code

335991

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

103369.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

103980.75

Forgiveness Date

09/17/2021

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