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Check the pan as it might be leaking around the pan gasket. It might also be the tranny cooling lines that go from the radiator to the transmission and have quick releases to remove. These can leak at times.

AnswerI have a 1995 SL that was doing the same thing. Turned out that the transmission filter was loose. Changed and tightened it and no more leaks.
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Q: On a 1994 Saturn SL is leaking transmission fluid from underneath the car and looks like a seal of some sort might have blown but not sure any ideas on what it might be and how much to fix?
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