# PPP loan: CAPACITY TRANSPORT, INC.
> **$618K** approved 04/27/2020 · Paid in Full · Loan `5550607201`
## Borrower
- **Name:** CAPACITY TRANSPORT, INC.
- **Address:** 17065 HESS ST, MELVINDALE, MI, 48122-1342
- **NAICS:** 485999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $618K
- **Initial approval:** $618K
- **Forgiven:** $626K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $618K
- **Jobs reported:** 57
## Lender
- **Originating:** Oxford Bank
- **Servicing:** Oxford Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*