# PPP loan: TRANSFORMAI LLC
> **$213K** approved 05/06/2020 · Paid in Full · Loan `2942157410`
## Borrower
- **Name:** TRANSFORMAI LLC
- **Address:** 177 PARK AVE STE 200, SAN JOSE, CA, 95113
- **NAICS:** 541512
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $214K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $186K
- **Health care:** $27K
- **Jobs reported:** 12
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*