# PPP loan: UNIVERSAL FREIGHT SYSTEMS
> **$366K** approved 02/25/2021 · Paid in Full · Loan `4124598504`
## Borrower
- **Name:** UNIVERSAL FREIGHT SYSTEMS
- **Address:** 5330 Stadium Trace Pkwy Ste 110, Hoover, AL, 35244-4526
- **NAICS:** 484122
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $366K
- **Initial approval:** $366K
- **Forgiven:** $368K (101%)
- **Forgiveness date:** 11/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $366K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*