# PPP loan: INTERSTATE TOWING, INC.
> **$517K** approved 04/07/2020 · Paid in Full · Loan `6981567002`
## Borrower
- **Name:** INTERSTATE TOWING, INC.
- **Address:** 1660 WESTOVER RD, CHICOPEE, MA, 01020-2819
- **NAICS:** 488410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $517K
- **Initial approval:** $517K
- **Forgiven:** $520K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $517K
- **Jobs reported:** 65
## Lender
- **Originating:** Westfield Bank
- **Servicing:** Westfield Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*