# PPP loan: JACK HOOD TRANSPORTATION INC
> **$1.67M** approved 04/08/2020 · Paid in Full · Loan `8697387009`
## Borrower
- **Name:** JACK HOOD TRANSPORTATION INC
- **Address:** 10827 West 400 N, MICHIGAN CITY, IN, 46360-9474
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.67M
- **Initial approval:** $1.67M
- **Forgiven:** $1.68M (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.67M
- **Jobs reported:** 342
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*