# PPP loan: V & M TRANSPORT, INC'
> **$1.45M** approved 04/05/2020 · Paid in Full · Loan `5162147007`
## Borrower
- **Name:** V & M TRANSPORT, INC'
- **Address:** 2701 E 4th Ave P.O. Box 536, HUTCHINSON, KS, 67504-0536
- **NAICS:** 484220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.45M
- **Initial approval:** $1.45M
- **Forgiven:** $1.46M (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.00M
- **Rent:** $330K
- **Mortgage interest:** $7K
- **Utilities:** $10K
- **Health care:** $100K
- **Jobs reported:** 81
## Lender
- **Originating:** First Bank Kansas
- **Servicing:** First Bank Kansas (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*