# PPP loan: MONTGOMERY TRUCKING COMPANY
> **$500K** approved 04/11/2020 · Paid in Full · Loan `2945967107`
## Borrower
- **Name:** MONTGOMERY TRUCKING COMPANY
- **Address:** 103 13TH ST, WELLSTON, OH, 45692-2305
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $504K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Utilities:** $100K
- **Jobs reported:** 49
## Lender
- **Originating:** The Vinton County National Bank
- **Servicing:** The Vinton County National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*