# PPP loan: R & J CARTAGE INC
> **$722K** approved 03/25/2021 · Paid in Full · Loan `8662278606`
## Borrower
- **Name:** R & J CARTAGE INC
- **Address:** 75 E US Highway 20, Porter, IN, 46304-1397
- **NAICS:** 484220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $722K
- **Initial approval:** $722K
- **Forgiven:** $730K (101%)
- **Forgiveness date:** 05/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $722K
- **Jobs reported:** 42
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*