Transource Inc.

$3,106,720 PPP Loan in Colfax, North Carolina

Loan Details

Loan Number
7855677004
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$3,106,720
Current Approval
$3,106,720
Forgiveness Amount
$3,141,929
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Transource Inc.
Address
8700 Triad Drive
City
Colfax
ZIP Code
27235-9440
Business Type
Corporation
Industry (NAICS)
Retail Trade (441228)
Business Age
Existing or more than 2 years old
Jobs Reported
368
Estimated Revenue
$96.1M
Rural/Urban
Urban
Congressional District
NC-06

Loan Use Breakdown

Payroll
$2,698,066
Rent
$220,300
Utilities
$17,874
Health Care
$170,480

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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