# PPP loan: TRANSITION STAFFING CORP
> **$300K** approved 02/22/2021 · Paid in Full · Loan `2642548501`
## Borrower
- **Name:** TRANSITION STAFFING CORP
- **Address:** 14 W Main St, Plano, IL, 60545-1428
- **NAICS:** 541612
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $300K
- **Jobs reported:** 33
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*