# PPP loan: DESTINY TRANSPORTATION INC
> **$483K** approved 04/15/2020 · Paid in Full · Loan `9150477100`
## Borrower
- **Name:** DESTINY TRANSPORTATION INC
- **Address:** 1201 North 54th Avenue, PHOENIX, AZ, 85043-1700
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $483K
- **Initial approval:** $483K
- **Forgiven:** $487K (101%)
- **Forgiveness date:** 03/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Mortgage interest:** $23K
- **Utilities:** $260K
- **Jobs reported:** 82
## Lender
- **Originating:** Transportation Alliance Bank, Inc. d/b/a TAB Bank
- **Servicing:** Transportation Alliance Bank, Inc. d/b/a TAB Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*