# PPP loan: JEFF FOSTER TRUCKING INC
> **$1.49M** approved 04/03/2020 · Paid in Full · Loan `4480297007`
## Borrower
- **Name:** JEFF FOSTER TRUCKING INC
- **Address:** 313 WINTER STREET, SUPERIOR, WI, 54880-1357
- **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:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.48M
- **Mortgage interest:** $4K
- **Utilities:** $5K
- **Jobs reported:** 140
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*