# PPP loan: TRANSAXLE LLC
> **$3.58M** approved 04/08/2020 · Paid in Full · Loan `8132837005`
## Borrower
- **Name:** TRANSAXLE LLC
- **Address:** 2501 ROUTE 73, CINNAMINSON, NJ, 08077-4114
- **NAICS:** 423120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.58M
- **Initial approval:** $3.58M
- **Forgiven:** $3.63M (101%)
- **Forgiveness date:** 07/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.58M
- **Jobs reported:** 280
## 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*