# PPP loan: 1174 COMMERCE TRANS CORP
> **$406K** approved 04/27/2020 · Paid in Full · Loan `3623987202`
## Borrower
- **Name:** 1174 COMMERCE TRANS CORP
- **Address:** 3947 Provost Ave, Bronx, NY, 10466
- **NAICS:** 813910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $406K
- **Initial approval:** $406K
- **Forgiven:** $411K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $406K
- **Jobs reported:** 45
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*