# PPP loan: MIGHTY TRANSPORT INC.
> **$217K** approved 01/21/2021 · Paid in Full · Loan `3302168307`
## Borrower
- **Name:** MIGHTY TRANSPORT INC.
- **Address:** 1750 W 223rd St, Torrance, CA, 90501-3725
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $217K
- **Initial approval:** $217K
- **Forgiven:** $220K (102%)
- **Forgiveness date:** 08/29/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $217K
- **Jobs reported:** 16
## Lender
- **Originating:** Preferred Bank
- **Servicing:** Preferred Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*