# PPP loan: SOL TRANSPORTATION, INC.
> **$316K** approved 04/28/2020 · Paid in Full · Loan `1632837304`
## Borrower
- **Name:** SOL TRANSPORTATION, INC.
- **Address:** 2525 Ramona Dr, VISTA, CA, 92084
- **NAICS:** 485991
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $316K
- **Initial approval:** $316K
- **Forgiven:** $319K (101%)
- **Forgiveness date:** 05/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $294K
- **Rent:** $16K
- **Utilities:** $6K
- **Jobs reported:** 55
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*