# PPP loan: MTC TRANSPORTATION INC
> **$279K** approved 05/01/2020 · Paid in Full · Loan `5126597702`
## Borrower
- **Name:** MTC TRANSPORTATION INC
- **Address:** 4605 COATES DR STE B, FAIRBURN, GA, 30213-2985
- **NAICS:** 488510
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $279K
- **Initial approval:** $279K
- **Forgiven:** $280K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $279K
- **Jobs reported:** 27
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*