# PPP loan: STEPHENS TRUCKING INC
> **$447K** approved 04/15/2020 · Paid in Full · Loan `1054817208`
## Borrower
- **Name:** STEPHENS TRUCKING INC
- **Address:** 1292 State Route 4, Percy, IL, 62272-2601
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $447K
- **Initial approval:** $447K
- **Forgiven:** $450K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $433K
- **Rent:** $6K
- **Utilities:** $8K
- **Jobs reported:** 37
## Lender
- **Originating:** The First National Bank of Ava
- **Servicing:** The First National Bank of Ava (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*