PPP Loan information for True transitions

$129,558

True transitions was initially approved for PPP Loan of amount $129,558, the current approved amount is $129,558. The loan was approved on 04/11/2020 by The Public Service CU reported 13 jobs and $129,558 was used to fund payroll.

True transitions is Existing or more than 2 years old

TRUE TRANSITIONS

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TRUE TRANSITIONS

Borrower Address

30457 FOX CLUB DR

Borrower City

FARMINGTON HILLS

Borrower State

MI

Borrower Zip

48331-1953

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

129557.50

Current Approval Amount

129557.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99530

Servicing Lender Name

Public Service CU

Servicing Lender Address

7665 Merriman Rd

Servicing Lender City

ROMULUS

Servicing Lender State

MI

Servicing Lender Zip

48174-1920

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48331-1953

CD

MI-11

Jobs Reported

13

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

97170.00

Mortgage Interest Proceed

32387.50

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

99530

Originating Lender

Public Service CU

Originating Lender City

ROMULUS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

130496.79

Forgiveness Date

01/07/2021

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