# PPP loan: TRANS EQUIPMENT CO INC
> **$214K** approved 04/13/2020 · Paid in Full · Loan `5491257104`
## Borrower
- **Name:** TRANS EQUIPMENT CO INC
- **Address:** 4423 OREGON PIKE, EPHRATA, PA, 17522-9495
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $214K
- **Initial approval:** $214K
- **Forgiven:** $216K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $214K
- **Jobs reported:** 23
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*