# PPP loan: MAX TRANS LLC
> **$1.77M** approved 04/05/2020 · Paid in Full · Loan `5160427004`
## Borrower
- **Name:** MAX TRANS LLC
- **Address:** 227 US HIGHWAY 45, HUMBOLDT, TN, 38343-8580
- **NAICS:** 484230
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.77M
- **Initial approval:** $1.77M
- **Forgiven:** $1.80M (101%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.58M
- **Rent:** $62K
- **Utilities:** $29K
- **Debt interest:** $100K
- **Jobs reported:** 182
## Lender
- **Originating:** Decatur County Bank
- **Servicing:** Decatur County Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*