# PPP loan: TRANSPORT EQUIPMENT, INC
> **$302K** approved 04/04/2020 · Paid in Full · Loan `4848937008`
## Borrower
- **Name:** TRANSPORT EQUIPMENT, INC
- **Address:** 18126 NW FRONTAGE RD, SHOREWOOD, IL, 60404-8612
- **NAICS:** 488999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $302K
- **Initial approval:** $302K
- **Forgiven:** $305K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $302K
- **Jobs reported:** 23
## Lender
- **Originating:** American Commercial Bank & Trust, National Association
- **Servicing:** American Commercial Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*