# PPP loan: METRO TRAILER LEASING, INC.
> **$1.36M** approved 04/11/2020 · Paid in Full · Loan `2616257105`
## Borrower
- **Name:** METRO TRAILER LEASING, INC.
- **Address:** 100 Metro Parkway, PELHAM, AL, 35124-1171
- **NAICS:** 541110
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.36M
- **Initial approval:** $1.36M
- **Forgiven:** $1.33M (98%)
- **Forgiveness date:** 03/08/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.02M
- **Mortgage interest:** $170K
- **Utilities:** $170K
- **Jobs reported:** 117
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*