# PPP loan: TRANS-MANAGEMENT SYSTEMS CORP
> **$611K** approved 07/28/2020 · Charged Off · Loan `9376588108`
## Borrower
- **Name:** TRANS-MANAGEMENT SYSTEMS CORP
- **Address:** 1100 15TH ST NW STE 400, WASHINGTON, DC, 20005-1877
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $611K
- **Initial approval:** $611K
- **Forgiven:** $517K (85%)
- **Forgiveness date:** 02/03/2022
- **Status:** Charged Off
- **Term:** 27 months
## Use of funds
- **Payroll:** $611K
- **Jobs reported:** 40
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*