Transformation Network

$939,500 PPP Loan in Ashland, Ohio

Loan Details

Loan Number
5702957005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$939,500
Current Approval
$939,500
Forgiveness Amount
$944,699
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Transformation Network
Address
1310 Claremont Ave
State
Ohio
ZIP Code
44805-3529
Business Type
Non-Profit Organization
Industry (NAICS)
Administrative and Support and Waste Management (561311)
Business Age
Existing or more than 2 years old
Jobs Reported
130
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
OH-04

Loan Use Breakdown

Payroll
$785,879
Rent
$20,000
Utilities
$43,621
Health Care
$30,000
Mortgage Interest
$40,000
Debt Interest
$20,000

Lender Information

Servicing Lender
Sutton Bank
Originating Lender
Sutton Bank

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