# PPP loan: WHERRY TRUCK LINES, INC.
> **$1.07M** approved 04/09/2020 · Paid in Full · Loan `1052307106`
## Borrower
- **Name:** WHERRY TRUCK LINES, INC.
- **Address:** 5790 Country Lakes Drive, FORT MYERS, FL, 33905-5501
- **NAICS:** 484110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $900K
- **Rent:** $100K
- **Utilities:** $70K
- **Jobs reported:** 88
## Lender
- **Originating:** First Foundation Bank
- **Servicing:** First Foundation Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*