# PPP loan: TRANS-LEASE, INC.
> **$484K** approved 04/14/2020 · Paid in Full · Loan `7024937107`
## Borrower
- **Name:** TRANS-LEASE, INC.
- **Address:** 148 Millwell Drive, MARYLAND HEIGHTS, MO, 63043-2510
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $484K
- **Initial approval:** $484K
- **Forgiven:** $489K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $425K
- **Rent:** $45K
- **Utilities:** $7K
- **Debt interest:** $7K
- **Jobs reported:** 33
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*