# PPP loan: TRANZACT CORP
> **$212K** approved 04/10/2020 · Paid in Full · Loan `2370867110`
## Borrower
- **Name:** TRANZACT CORP
- **Address:** 350 N Marshall St, LANCASTER, PA, 17602-2427
- **NAICS:** 331492
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $212K
- **Initial approval:** $212K
- **Forgiven:** $214K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Rent:** $19K
- **Utilities:** $5K
- **Jobs reported:** 12
## Lender
- **Originating:** Orrstown Bank
- **Servicing:** Orrstown Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*