# PPP loan: BOUCHARD TRANSPORTATION CO. INC.
> **$7.88M** approved 04/28/2020 · Charged Off · Loan `8944167207`
## Borrower
- **Name:** BOUCHARD TRANSPORTATION CO. INC.
- **Address:** 58 S SERVICE RD SUITE 150, MELVILLE, NY, 11747
- **NAICS:** 483113
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.88M
- **Initial approval:** $7.88M
- **Forgiven:** $5.67M (72%)
- **Forgiveness date:** 12/23/2022
- **Status:** Charged Off
- **Term:** 11 months
## Use of funds
- **Payroll:** $7.88M
- **Jobs reported:** 134
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*