# PPP loan: CAPE FEAR REGIONAL TRANSPOER, INC.
> **$224K** approved 04/14/2020 · Paid in Full · Loan `7051767110`
## Borrower
- **Name:** CAPE FEAR REGIONAL TRANSPOER, INC.
- **Address:** 609 Carolina Ave, Yadkinville, NC, 27055-7759
- **NAICS:** 488119
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $224K
- **Jobs reported:** 60
## Lender
- **Originating:** Commercial Bank
- **Servicing:** Commercial Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*