# PPP loan: TRANSFORMATIVEMED, INC
> **$346K** approved 04/13/2020 · Paid in Full · Loan `5572957104`
## Borrower
- **Name:** TRANSFORMATIVEMED, INC
- **Address:** 3131 Elliot Avenue Suite 600C, Seattle, WA, 98121
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $346K
- **Initial approval:** $346K
- **Forgiven:** $350K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $335K
- **Mortgage interest:** $11K
- **Jobs reported:** 17
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*