# PPP loan: DOWNING TRANSPORTATION, INC.
> **$739K** approved 01/30/2021 · Paid in Full · Loan `9483348308`
## Borrower
- **Name:** DOWNING TRANSPORTATION, INC.
- **Address:** 2120 Church Ave, Troy, TX, 76579-2711
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $739K
- **Initial approval:** $739K
- **Forgiven:** $741K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $739K
- **Jobs reported:** 120
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*