# PPP loan: RITE WAY AUTO TRANSPORT LLC
> **$420K** approved 05/01/2020 · Paid in Full · Loan `2065647706`
## Borrower
- **Name:** RITE WAY AUTO TRANSPORT LLC
- **Address:** 3917 NW 126TH AVE, CORAL SPRINGS, FL, 33065
- **NAICS:** 488510
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $420K
- **Initial approval:** $420K
- **Forgiven:** $424K (101%)
- **Forgiveness date:** 06/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $409K
- **Rent:** $8K
- **Utilities:** $3K
- **Jobs reported:** 35
## 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*