# PPP loan: CROSSROADS TRAILER SALES & SERVICE, INC.
> **$1.01M** approved 04/10/2020 · Paid in Full · Loan `2269587104`
## Borrower
- **Name:** CROSSROADS TRAILER SALES & SERVICE, INC.
- **Address:** 2501 CROSSROADS BLVD, ALBERT LEA, MN, 56007-4002
- **NAICS:** 811111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.01M
- **Initial approval:** $1.01M
- **Forgiven:** $1.01M (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $989K
- **Rent:** $15K
- **Utilities:** $5K
- **Jobs reported:** 76
## Lender
- **Originating:** Arcadian Bank
- **Servicing:** Arcadian Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*