# PPP loan: TRANSMED FOODS INC
> **$254K** approved 04/28/2020 · Exemption 4 · Loan `7959237202`
## Borrower
- **Name:** TRANSMED FOODS INC
- **Address:** 1201 WINTERSON RD Suite 150, LINTHICUM HEIGHTS, MD, 21090-2203
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $165K (65%)
- **Forgiveness date:** 06/29/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $254K
- **Jobs reported:** 11
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*