# PPP loan: TROY LEE EXCAVATING INC
> **$218K** approved 04/11/2020 · Paid in Full · Loan `3286787101`
## Borrower
- **Name:** TROY LEE EXCAVATING INC
- **Address:** 5024 Torque Road, LOVES PARK, IL, 61111-7164
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $220K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $164K
- **Utilities:** $55K
- **Jobs reported:** 16
## Lender
- **Originating:** Northwest Bank of Rockford
- **Servicing:** Northwest Bank of Rockford (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*