If you have cancelled checks as proof for that the loan has been paid back then you could easily bring an action in small claims court to get the proper title work. That said, there seems to be more to this story then meets the eye because I have never heard of somebody transferring title in...
If you are a vendor that works for the school then you maybe have a landlord in the space you operate? If you do not have a lease agreement and you are afraid that your services that are being performed will not be extended, perhaps the entity that approved your bid? My point is that there...
The short answer is NO. It doesnt work that way, and further you can be held for reverse domain hi-jacking.
If you submit with or without the .com extension, the Examining Attorney will ignore
Here is an article that walks thru some of the steps for filing a trademark :