# PPP loan: NORTON TRANSPORT INC
> **$285K** approved 04/15/2020 · Paid in Full · Loan `8511237100`
## Borrower
- **Name:** NORTON TRANSPORT INC
- **Address:** 50 A FIELDSTONE CMNS, ROCK SPRING, GA, 30739-5018
- **NAICS:** 488490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $289K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $273K
- **Rent:** $8K
- **Utilities:** $5K
- **Jobs reported:** 30
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*