# PPP loan: TRANSCELL TECHNOLOGY INC
> **$200K** approved 03/12/2021 · Paid in Full · Loan `9049038502`
## Borrower
- **Name:** TRANSCELL TECHNOLOGY INC
- **Address:** 975 Deerfield Pkwy, Buffalo Grove, IL, 60089-4511
- **NAICS:** 541420
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 05/26/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Jobs reported:** 15
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*