# PPP loan: R & M FREIGHT, INC.
> **$4.10M** approved 04/06/2020 · Paid in Full · Loan `6364317002`
## Borrower
- **Name:** R & M FREIGHT, INC.
- **Address:** 3720 RIVER RD #100, FRANKLIN PARK, IL, 60131-2170
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.10M
- **Initial approval:** $4.10M
- **Forgiven:** $4.15M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.07M
- **Mortgage interest:** $512K
- **Utilities:** $512K
- **Jobs reported:** 358
## Lender
- **Originating:** Village Bank and Trust, National Association
- **Servicing:** Village Bank and Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*