# PPP loan: TRANSLECTRIC INC
> **$208K** approved 01/25/2021 · Paid in Full · Loan `5574408310`
## Borrower
- **Name:** TRANSLECTRIC INC
- **Address:** 300 N Maryland St, Jackson, MO, 63755-1429
- **NAICS:** 423120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $208K
- **Initial approval:** $208K
- **Forgiven:** $209K (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $208K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** The Bank of Missouri
- **Servicing:** The Bank of Missouri (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*