# PPP loan: MCH TRANSPORTATION CO.
> **$1.49M** approved 04/03/2020 · Paid in Full · Loan `4408047008`
## Borrower
- **Name:** MCH TRANSPORTATION CO.
- **Address:** 3180 Utica Ave, JACKSON, MS, 39209-7339
- **NAICS:** 484121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.49M
- **Initial approval:** $1.49M
- **Forgiven:** $1.50M (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.11M
- **Mortgage interest:** $186K
- **Utilities:** $186K
- **Jobs reported:** 145
## Lender
- **Originating:** The Citizens National Bank of Meridian
- **Servicing:** The Citizens National Bank of Meridian (MS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*