# PPP loan: R & J TRAILERS INC
> **$219K** approved 04/30/2020 · Paid in Full · Loan `7253237309`
## Borrower
- **Name:** R & J TRAILERS INC
- **Address:** 308 S Hwy 175, Seagoville, TX, 75159
- **NAICS:** 453998
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $219K
- **Initial approval:** $219K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $153K
- **Rent:** $22K
- **Utilities:** $11K
- **Health care:** $33K
- **Jobs reported:** 16
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*