# PPP loan: AUSTIN FREIGHT SYSTEMS, INC.
> **$669K** approved 04/13/2020 · Paid in Full · Loan `4530267106`
## Borrower
- **Name:** AUSTIN FREIGHT SYSTEMS, INC.
- **Address:** 11300 S IH-35, AUSTIN, TX, 78748
- **NAICS:** 488510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $669K
- **Initial approval:** $669K
- **Forgiven:** $676K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $629K
- **Rent:** $40K
- **Jobs reported:** 20
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*