# PPP loan: DEALERS TRUCK EQUIPMENT COMPANY, LLC
> **$687K** approved 04/09/2020 · Paid in Full · Loan `1074877103`
## Borrower
- **Name:** DEALERS TRUCK EQUIPMENT COMPANY, LLC
- **Address:** 2460 Midway Street 0.0, Shreveport, LA, 71108-2114
- **NAICS:** 336211
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $687K
- **Initial approval:** $687K
- **Forgiven:** $694K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $520K
- **Rent:** $100K
- **Health care:** $67K
- **Jobs reported:** 43
## 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*