# PPP loan: A & R FREIGHT INC
> **$194K** approved 05/13/2020 · Paid in Full · Loan `5872057401`
## Borrower
- **Name:** A & R FREIGHT INC
- **Address:** 1350 NORTHWEST HWY W, MT PROSPECT, IL, 60056
- **NAICS:** 484121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $198K (102%)
- **Forgiveness date:** 05/12/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Jobs reported:** 16
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*