# PPP loan: MED-TRANS-INC
> **$155K** approved 05/03/2020 · Charged Off · Loan `1044307400`
## Borrower
- **Name:** MED-TRANS-INC
- **Address:** 1317 ORREN ST NE APT 4, WASHINGTON, DC, 20002-3944
- **NAICS:** 488999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $148K
- **Forgiven:** $62K (40%)
- **Forgiveness date:** 08/18/2022
- **Status:** Charged Off
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Jobs reported:** 33
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*