# PPP loan: TRANSIT, LLC
> **$929K** approved 04/08/2020 · Paid in Full · Loan `7672207000`
## Borrower
- **Name:** TRANSIT, LLC
- **Address:** 3211 S LA CIENEGA BLVD, LOS ANGELES, CA, 90016-3112
- **NAICS:** 711190
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $929K
- **Initial approval:** $929K
- **Forgiven:** $940K (101%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $647K
- **Rent:** $227K
- **Utilities:** $5K
- **Health care:** $50K
- **Jobs reported:** 38
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*