# PPP loan: NORTHERN NECK TRANSFER INC
> **$1.20M** approved 04/29/2020 · Exemption 4 · Loan `2927637305`
## Borrower
- **Name:** NORTHERN NECK TRANSFER INC
- **Address:** 12284 State Road, King George, VA, 22485-4833
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $730K (61%)
- **Forgiveness date:** 06/29/2023
- **Status:** Exemption 4
- **Term:** 95 months
## Use of funds
- **Payroll:** $1.20M
- **Jobs reported:** 48
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*