# PPP loan: LOWELL C. HAGEN TRUCKING INC.
> **$324K** approved 04/10/2020 · Paid in Full · Loan `2048717102`
## Borrower
- **Name:** LOWELL C. HAGEN TRUCKING INC.
- **Address:** 619 S WRIGHT RD, JANESVILLE, WI, 53546-8708
- **NAICS:** 484220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $324K
- **Initial approval:** $324K
- **Forgiven:** $327K (101%)
- **Forgiveness date:** 03/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $264K
- **Rent:** $5K
- **Health care:** $38K
- **Debt interest:** $16K
- **Jobs reported:** 42
## Lender
- **Originating:** First Citizens State Bank
- **Servicing:** First Citizens State Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*