# PPP loan: SHARP TRANSPORTATION, INC.
> **$1.46M** approved 04/06/2020 · Paid in Full · Loan `6107507010`
## Borrower
- **Name:** SHARP TRANSPORTATION, INC.
- **Address:** 390 N 900 E, WELLSVILLE, UT, 84339-9312
- **NAICS:** 488510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.46M
- **Initial approval:** $1.46M
- **Forgiven:** $1.47M (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.15M
- **Rent:** $38K
- **Utilities:** $23K
- **Health care:** $255K
- **Jobs reported:** 150
## Lender
- **Originating:** Cache Valley Bank
- **Servicing:** Cache Valley Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*