# PPP loan: TRANSNET, INC.
> **$198K** approved 04/03/2020 · Paid in Full · Loan `4500897008`
## Borrower
- **Name:** TRANSNET, INC.
- **Address:** 7318 International Dr Ste. G, HOLLAND, OH, 43528-9412
- **NAICS:** 488510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $168K
- **Rent:** $6K
- **Utilities:** $1K
- **Health care:** $22K
- **Jobs reported:** 13
## Lender
- **Originating:** Signature Bank, National Association
- **Servicing:** Signature Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*