# PPP loan: R & H MOTOR LINES INC
> **$314K** approved 04/27/2020 · Paid in Full · Loan `3965427209`
## Borrower
- **Name:** R & H MOTOR LINES INC
- **Address:** 3344 R H DR, ASHEBORO, NC, 27205-1728
- **NAICS:** 532120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $314K
- **Initial approval:** $314K
- **Forgiven:** $319K (102%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $298K
- **Rent:** $10K
- **Utilities:** $6K
- **Jobs reported:** 25
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*