As part of the Paycheck Protection Program TRANSFORMER MAINTENANCE AND SERVICE INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

TRANSFORMER MAINTENANCE AND SERVICE INC


Loan Amount	$1,195,700
BusinessName	TRANSFORMER MAINTENANCE AND SERVICE INC
Address	1392 MASSEY RD
City	NEWTON GROVE
State	NC
Zip	28366
NAICSCode	334416
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	135
DateApproved	04/28/2020
Lender	First-Citizens Bank & Trust Company
CD	NC-07
BusinessName.clean	TRANSFORMER MAINTENANCE AND SERVICE

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

TRANSFORMYX
TRANSGLOBAL
TRANSHIELD
TRANSHUMANCE HOLDING COMPANY
TRANSIT CONSTRUCTION CORP