# PPP loan: ECLIPSE TRANSPORTATION INC.
> **$314K** approved 02/23/2021 · Exemption 4 · Loan `3356988508`
## Borrower
- **Name:** ECLIPSE TRANSPORTATION INC.
- **Address:** 44 Moreland Ave E, W Saint Paul, MN, 55118-2416
- **NAICS:** 485320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $314K
- **Initial approval:** $340K
- **Forgiven:** $152K (49%)
- **Forgiveness date:** 09/14/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $314K
- **Utilities:** $1
- **Jobs reported:** 43
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*