# PPP loan: 509 TRANSPORT INC
> **$349K** approved 05/01/2020 · Paid in Full · Loan `8562597702`
## Borrower
- **Name:** 509 TRANSPORT INC
- **Address:** 3251 125TH Y AVE NW, WATFORD CITY, ND, 58854
- **NAICS:** —
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $349K
- **Initial approval:** $349K
- **Forgiven:** $299K (86%)
- **Forgiveness date:** 04/26/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $349K
- **Jobs reported:** 12
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*