# PPP loan: HOT-LINE FREIGHT SYSTEMS INC
> **$2.77M** approved 04/05/2020 · Paid in Full · Loan `5096417006`
## Borrower
- **Name:** HOT-LINE FREIGHT SYSTEMS INC
- **Address:** PO Box 205 N4690 BANGOR INDUSTRIAL PKWY, WEST SALEM, WI, 54669-3300
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.77M
- **Initial approval:** $2.77M
- **Forgiven:** $2.70M (97%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $2.08M
- **Rent:** $300K
- **Mortgage interest:** $92K
- **Utilities:** $300K
- **Jobs reported:** 200
## Lender
- **Originating:** First Citizens Bank
- **Servicing:** First Citizens Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*