# PPP loan: FRANCO TRUCKING, INC
> **$333K** approved 05/01/2020 · Paid in Full · Loan `5497077709`
## Borrower
- **Name:** FRANCO TRUCKING, INC
- **Address:** 22440 S ALAMEDA ST, LONG BEACH, CA, 90810-1903
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $333K
- **Initial approval:** $333K
- **Forgiven:** $335K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $333K
- **Jobs reported:** 25
## 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*