# PPP loan: AKRON FREIGHTLINER, INC
> **$199K** approved 04/09/2020 · Paid in Full · Loan `9961627003`
## Borrower
- **Name:** AKRON FREIGHTLINER, INC
- **Address:** 1600 E Waterloo Rd 0.0, Akron, OH, 44306-4103
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Rent:** $30K
- **Utilities:** $6K
- **Health care:** $6K
- **Debt interest:** $3K
- **Jobs reported:** 16
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*