# PPP loan: RIVER TRAILS TRANSIT LINES, INC.
> **$429K** approved 04/03/2020 · Exemption 4 · Loan `4417987010`
## Borrower
- **Name:** RIVER TRAILS TRANSIT LINES, INC.
- **Address:** 4349 Industrial Park Ave, GALENA, IL, 61036-0307
- **NAICS:** 485999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $429K
- **Initial approval:** $429K
- **Forgiven:** $313K (73%)
- **Forgiveness date:** 03/24/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $429K
- **Jobs reported:** 72
## Lender
- **Originating:** Apple River State Bank
- **Servicing:** Apple River State Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*