# PPP loan: TRANSWAY MOTOR EXPRESS CO., INC.
> **$397K** approved 04/15/2020 · Paid in Full · Loan `8551537101`
## Borrower
- **Name:** TRANSWAY MOTOR EXPRESS CO., INC.
- **Address:** 351 Roosevelt Avenue, CARTERET, NJ, 07008
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $397K
- **Initial approval:** $397K
- **Forgiven:** $401K (101%)
- **Forgiveness date:** 04/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $397K
- **Jobs reported:** 25
## Lender
- **Originating:** Columbia Bank
- **Servicing:** Columbia Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*