# PPP loan: NEW RHOADS TRANSPORTATION, INC.
> **$347K** approved 04/05/2020 · Paid in Full · Loan `5286667001`
## Borrower
- **Name:** NEW RHOADS TRANSPORTATION, INC.
- **Address:** 1816 Weavertown Road, DOUGLASSVILLE, PA, 19518-8947
- **NAICS:** 485410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $347K
- **Initial approval:** $347K
- **Forgiven:** $64K (18%)
- **Forgiveness date:** 02/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $347K
- **Jobs reported:** 70
## Lender
- **Originating:** Tompkins VIST Bank, A Branch of
- **Servicing:** Tompkins Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*