# PPP loan: APPALACHIAN VALLEY TRANSPORT, INC.
> **$959K** approved 04/16/2020 · Exemption 4 · Loan `2820997210`
## Borrower
- **Name:** APPALACHIAN VALLEY TRANSPORT, INC.
- **Address:** 101 NORTHGATE PRESERVE DR, NEWNAN, GA, 30265
- **NAICS:** 492110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $959K
- **Initial approval:** $959K
- **Forgiven:** $824K (86%)
- **Forgiveness date:** 08/23/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $316K
- **Rent:** $127K
- **Mortgage interest:** $22K
- **Utilities:** $76K
- **Health care:** $28K
- **Debt interest:** $31K
- **Jobs reported:** 10
## 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*