# PPP loan: PRIORITY TRANSPORTATION INC
> **$328K** approved 04/08/2020 · Paid in Full · Loan `8674367000`
## Borrower
- **Name:** PRIORITY TRANSPORTATION INC
- **Address:** 2131 3rd Avenue SE, CULLMAN, AL, 35055-5477
- **NAICS:** 336999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $330K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $255K
- **Rent:** $26K
- **Utilities:** $15K
- **Debt interest:** $33K
- **Jobs reported:** 27
## Lender
- **Originating:** Peoples Bank of Alabama
- **Servicing:** Peoples Bank of Alabama (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*