# PPP loan: CLASSIC TRANSPORTATION SERVICES, INC
> **$499K** approved 04/10/2020 · Paid in Full · Loan `2507037110`
## Borrower
- **Name:** CLASSIC TRANSPORTATION SERVICES, INC
- **Address:** 4729 Division, WAYLAND, MI, 49348
- **NAICS:** 484220
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $499K
- **Initial approval:** $499K
- **Forgiven:** $501K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $499K
- **Jobs reported:** 40
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*