# PPP loan: TRANSEMANTICS INC
> **$318K** approved 04/30/2020 · Paid in Full · Loan `5824817301`
## Borrower
- **Name:** TRANSEMANTICS INC
- **Address:** 1717 RHODE ISLAND AVE NW STE 100, WASHINGTON, DC, 20036-3029
- **NAICS:** 611710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $318K
- **Initial approval:** $318K
- **Forgiven:** $320K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $318K
- **Jobs reported:** 107
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*