# PPP loan: JAD TRANSPORTATION INC
> **$4.41M** approved 04/27/2020 · Charged Off · Loan `4200047205`
## Borrower
- **Name:** JAD TRANSPORTATION INC
- **Address:** 105 CEDAR DR, PLAINVIEW, NY, 11803-2823
- **NAICS:** 561510
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $4.41M
- **Initial approval:** $4.41M
- **Forgiven:** $484K (11%)
- **Forgiveness date:** 09/16/2021
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $4.41M
- **Jobs reported:** 436
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*