# PPP loan: FREY TRANSPORTATION SERVICES, INC
> **$353K** approved 04/04/2020 · Paid in Full · Loan `4806537008`
## Borrower
- **Name:** FREY TRANSPORTATION SERVICES, INC
- **Address:** 1185 New Trenton Road, HIGHLAND, IL, 62249-2025
- **NAICS:** 485999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $353K
- **Initial approval:** $353K
- **Forgiven:** $356K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $265K
- **Mortgage interest:** $44K
- **Utilities:** $44K
- **Jobs reported:** 32
## Lender
- **Originating:** First Mid Bank & Trust, National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*