Trans-Ed, Inc.
$938,110 PPP Loan in Paterson, New Jersey
Loan Details
- Loan Number
- 7938587105
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $938,110
- Current Approval
- $938,110
- Forgiveness Amount
- $869,000
- Forgiveness Date
- Feb 10, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Trans-Ed, Inc.
- Address
- 2 Industrial Plaza
- City
- Paterson
- State
- New Jersey
- ZIP Code
- 07503
- Business Type
- Corporation
- Industry (NAICS)
- Transportation and Warehousing (485410)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 185
- Estimated Revenue
- $71.1M
- Rural/Urban
- Urban
- Congressional District
- NJ-09
Loan Use Breakdown
- Payroll
- $810,000
- Rent
- $53,600
- Utilities
- $5,200
- Health Care
- $2,066
- Mortgage Interest
- $11,950
- Debt Interest
- $55,294
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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