# PPP loan: JAD TRANSPORTATION INC
> **$1.93M** approved 04/23/2021 · Exemption 4 · Loan `8913048809`
## Borrower
- **Name:** JAD TRANSPORTATION INC
- **Address:** 105 Cedar Dr W, Plainview, NY, 11803-2823
- **NAICS:** 561330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.93M
- **Initial approval:** $1.93M
- **Forgiven:** $78K (4%)
- **Forgiveness date:** 09/01/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.93M
- **Utilities:** $1
- **Jobs reported:** 281
## Lender
- **Originating:** Signature Bank
- **Servicing:** Flagstar Bank National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*