# PPP loan: DLB TRUCKING INC
> **$237K** approved 05/01/2020 · Paid in Full · Loan `1601167704`
## Borrower
- **Name:** DLB TRUCKING INC
- **Address:** 982 ALDEN NASH AVE SE, LOWELL, MI, 49331
- **NAICS:** 484110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $239K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $190K
- **Debt interest:** $47K
- **Jobs reported:** 60
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*