# PPP loan: RAY LAFORE TRUCK SERVICE, INC.
> **$273K** approved 04/10/2020 · Paid in Full · Loan `1237167108`
## Borrower
- **Name:** RAY LAFORE TRUCK SERVICE, INC.
- **Address:** 5805 West STATE ROUTE 161, BELLEVILLE, IL, 62223-7917
- **NAICS:** 484220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $273K
- **Initial approval:** $273K
- **Forgiven:** $275K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Rent:** $6K
- **Utilities:** $7K
- **Jobs reported:** 27
## Lender
- **Originating:** Bank of Belleville
- **Servicing:** Bank of Belleville (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*