# PPP loan: MEYERS MOTOR TRANS., INC.
> **$429K** approved 04/07/2020 · Paid in Full · Loan `7278547010`
## Borrower
- **Name:** MEYERS MOTOR TRANS., INC.
- **Address:** CORPORATE BLVD, AURORA, IL, 60502-4703
- **NAICS:** 488510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $429K
- **Initial approval:** $429K
- **Forgiven:** $433K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $322K
- **Rent:** $27K
- **Utilities:** $27K
- **Health care:** $27K
- **Debt interest:** $27K
- **Jobs reported:** 35
## 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*