# PPP loan: DIAMOND STATE TRUCKING, INC.
> **$404K** approved 04/05/2020 · Paid in Full · Loan `5286037000`
## Borrower
- **Name:** DIAMOND STATE TRUCKING, INC.
- **Address:** 7659 Highway 270 East, MALVERN, AR, 72104-0764
- **NAICS:** 484121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $404K
- **Initial approval:** $404K
- **Forgiven:** $407K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $324K
- **Rent:** $39K
- **Mortgage interest:** $40K
- **Utilities:** $2K
- **Jobs reported:** 45
## Lender
- **Originating:** The Malvern National Bank
- **Servicing:** The Malvern National Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*