# PPP loan: TRANSIT ADMINISTRATIVE CENTER INC.
> **$278K** approved 01/22/2021 · Paid in Full · Loan `4128548301`
## Borrower
- **Name:** TRANSIT ADMINISTRATIVE CENTER INC.
- **Address:** 3800 N Milwaukee Ave Ste A, Chicago, IL, 60641-2844
- **NAICS:** 561110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $281K (101%)
- **Forgiveness date:** 03/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $278K
- **Utilities:** $1
- **Jobs reported:** 73
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*