# PPP loan: JERRY'S TRANSMISSION SERVICE INC
> **$264K** approved 02/24/2021 · Paid in Full · Loan `3480778501`
## Borrower
- **Name:** JERRY'S TRANSMISSION SERVICE INC
- **Address:** 18448 County Road 9, Lester Prairie, MN, 55354-7949
- **NAICS:** 811118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $264K
- **Initial approval:** $264K
- **Forgiven:** $266K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $264K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** HomeTown Bank
- **Servicing:** HomeTown Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*