# PPP loan: FTC TRANSPORT, INC.
> **$338K** approved 04/03/2020 · Paid in Full · Loan `4435917004`
## Borrower
- **Name:** FTC TRANSPORT, INC.
- **Address:** 702  13TH AVE, WEST FARGO, ND, 58078-3304
- **NAICS:** 484230
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $338K
- **Initial approval:** $338K
- **Forgiven:** $341K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $254K
- **Mortgage interest:** $42K
- **Utilities:** $42K
- **Jobs reported:** 20
## Lender
- **Originating:** Cornerstone Bank
- **Servicing:** Cornerstone Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*