Transformer Maintenance and Service Inc.

$1,195,700 PPP Loan in Newton Grove, North Carolina

Loan Details

Loan Number
7713367206
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,195,700
Current Approval
$1,195,700
Forgiveness Amount
$1,201,679
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Transformer Maintenance and Service Inc.
Address
1392 Massey Rd
ZIP Code
28366
Business Type
Corporation
Industry (NAICS)
Manufacturing (334416)
Business Age
New Business or 2 years or less
Jobs Reported
135
Estimated Revenue
$35.3M
Rural/Urban
Rural
Congressional District
NC-03

Loan Use Breakdown

Payroll
$1,195,700

Lender Information

Servicing Lender
First-Citizens Bank & Trust Company
Originating Lender
First-Citizens Bank & Trust Company

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