# PPP loan: REGIONAL TRUCK EQUIPMENT, INC
> **$393K** approved 04/27/2020 · Paid in Full · Loan `4755487201`
## Borrower
- **Name:** REGIONAL TRUCK EQUIPMENT, INC
- **Address:** 4626 W 120th St, Alsip, IL, 60803-2317
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $393K
- **Initial approval:** $568K
- **Forgiven:** $398K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $393K
- **Jobs reported:** 38
## Lender
- **Originating:** First Midwest Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*