# PPP loan: SOUTHWESTERN MOTOR TRANSPORT, INC
> **$5.07M** approved 04/08/2020 · Paid in Full · Loan `7890167010`
## Borrower
- **Name:** SOUTHWESTERN MOTOR TRANSPORT, INC
- **Address:** 4600 Goldfield, SAN ANTONIO, TX, 78218-4601
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.07M
- **Initial approval:** $5.07M
- **Forgiven:** $5.13M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.80M
- **Mortgage interest:** $633K
- **Utilities:** $633K
- **Jobs reported:** 386
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*