# PPP loan: TRANSIT SYSTEMS UNLTD. INC
> **$307K** approved 02/22/2021 · Paid in Full · Loan `3009098507`
## Borrower
- **Name:** TRANSIT SYSTEMS UNLTD. INC
- **Address:** 8976 Laurel Canyon Blvd, Sun Valley, CA, 91352-1731
- **NAICS:** 561520
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $307K
- **Initial approval:** $307K
- **Forgiven:** $312K (102%)
- **Forgiveness date:** 09/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $307K
- **Utilities:** $1
- **Jobs reported:** 38
## 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*