# PPP loan: ERICKSON TRUCK SALVAGE & SALES, INC.
> **$491K** approved 04/04/2020 · Paid in Full · Loan `4608657008`
## Borrower
- **Name:** ERICKSON TRUCK SALVAGE & SALES, INC.
- **Address:** 75196 PETERSBURG RD, JACKSON, MN, 56143-3274
- **NAICS:** 441120
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $491K
- **Initial approval:** $491K
- **Forgiven:** $496K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $369K
- **Mortgage interest:** $6K
- **Utilities:** $56K
- **Health care:** $33K
- **Debt interest:** $27K
- **Jobs reported:** 60
## Lender
- **Originating:** Community State Bank
- **Servicing:** Community State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*