# PPP loan: HI BOOST  TRUCKING CORP
> **$154K** approved 05/29/2020 · Charged Off · Loan `4857157807`
## Borrower
- **Name:** HI BOOST  TRUCKING CORP
- **Address:** 862 Park Avenue, River Edge, NJ, 07661-2421
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $63K (41%)
- **Forgiveness date:** 08/24/2021
- **Status:** Charged Off
- **Term:** 6 months
## Use of funds
- **Payroll:** $116K
- **Rent:** $19K
- **Utilities:** $19K
- **Jobs reported:** 15
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*