# PPP loan: P & P TRUCKING, INC.
> **$829K** approved 04/04/2020 · Paid in Full · Loan `5011237002`
## Borrower
- **Name:** P & P TRUCKING, INC.
- **Address:** 2807 QUALITY DR, SEARCY, AR, 72143-8307
- **NAICS:** 484121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $829K
- **Initial approval:** $829K
- **Forgiven:** $834K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $595K
- **Rent:** $147K
- **Health care:** $87K
- **Jobs reported:** 85
## Lender
- **Originating:** Texana Bank, National Association
- **Servicing:** Texana Bank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*