PPP Loan information for Trantronics inc

$565,848

Trantronics inc was initially approved for PPP Loan of amount $565,848, the current approved amount is $565,848. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 53 jobs and $565,848 was used to fund payroll.

Trantronics inc is New Business or 2 years or less

TRANTRONICS INC

Date Approved

05/01/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

TRANTRONICS INC

Borrower Address

1822 LANGLEY AVE

Borrower City

IRVINE

Borrower State

CA

Borrower Zip

92614-5624

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

565848.00

Current Approval Amount

565848.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

IRVINE

Project County Name

ORANGE

Project State

CA

Project Zip

92614-5624

CD

CA-47

Jobs Reported

53

NAICS Code

334418

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

565848.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

570204.25

Forgiveness Date

02/10/2021

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