# PPP loan: HIGHWAY TRANSPORT SERVICES, INC
> **$306K** approved 04/10/2020 · Paid in Full · Loan `2037207107`
## Borrower
- **Name:** HIGHWAY TRANSPORT SERVICES, INC
- **Address:** 220 E CENTENNIAL AVE, MUNCIE, IN, 47303-2902
- **NAICS:** 484220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $306K
- **Initial approval:** $306K
- **Forgiven:** $308K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $236K
- **Rent:** $54K
- **Utilities:** $3K
- **Health care:** $13K
- **Jobs reported:** 22
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*