# PPP loan: M & P TRANSPORT COMPANY, INC.
> **$767K** approved 04/15/2020 · Paid in Full · Loan `9709147108`
## Borrower
- **Name:** M & P TRANSPORT COMPANY, INC.
- **Address:** 3635 S 43rd, PHOENIX, AZ, 85009
- **NAICS:** 488999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $767K
- **Initial approval:** $767K
- **Forgiven:** $773K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $575K
- **Rent:** $96K
- **Utilities:** $96K
- **Jobs reported:** 68
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*