# PPP loan: BEST WAY TRANSPORTATION, INC.
> **$692K** approved 04/09/2020 · Paid in Full · Loan `1128577103`
## Borrower
- **Name:** BEST WAY TRANSPORTATION, INC.
- **Address:** 8251 N I-45 N Fwy Service RD, PALMER, TX, 75152-0249
- **NAICS:** 484230
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $692K
- **Initial approval:** $692K
- **Forgiven:** $699K (101%)
- **Forgiveness date:** 04/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $692K
- **Jobs reported:** 60
## Lender
- **Originating:** Prosperity Bank
- **Servicing:** Prosperity Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*