TRANSFORMER MAINTENANCE AND SERVICE INC.

Summary of PPP (Paycheck Protection Program) Loan approved to TRANSFORMER MAINTENANCE AND SERVICE INC. by First-Citizens Bank & Trust Company. The loan was approved on 4/28/2020 in the range of $1-2 million.

Business Information

Name:

TRANSFORMER MAINTENANCE AND SERVICE INC.

1392 MASSEY RD
NEWTON GROVE, NC 28366
Business type: Corporation
Computer and Electronic Product Manufacturing
→ Capacitor, Resistor, Coil, Transformer, and Other Inductor Manufacturing
Non-profit: No
Loan amount: $1-2 million
(50 Jobs retained)
Date approved: April 28, 2020
Lender First-Citizens Bank & Trust Company

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.