# PPP loan: FREIGHT SYSTEMS INCORPORATED
> **$487K** approved 05/01/2020 · Paid in Full · Loan `4868767710`
## Borrower
- **Name:** FREIGHT SYSTEMS INCORPORATED
- **Address:** 2291 S. COMMERCE CENTER DR., SALT LAKE CITY, UT, 84120
- **NAICS:** 488510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $487K
- **Initial approval:** $487K
- **Forgiven:** $492K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $487K
- **Jobs reported:** 98
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*