# PPP loan: PROSPECT TRANSPORTATION INC
> **$2.00M** approved 05/02/2021 · Paid in Full · Loan `6565588909`
## Borrower
- **Name:** PROSPECT TRANSPORTATION INC
- **Address:** 630 Industrial Rd, Carlstadt, NJ, 07072-1619
- **NAICS:** 484220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.01M (101%)
- **Forgiveness date:** 01/24/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 145
## Lender
- **Originating:** Provident Bank
- **Servicing:** Provident Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*