# PPP loan: INTECH TRAILERS INC.
> **$2.30M** approved 04/05/2020 · Paid in Full · Loan `5067377008`
## Borrower
- **Name:** INTECH TRAILERS INC.
- **Address:** 1940 W MARKET ST, NAPPANEE, IN, 46550-9045
- **NAICS:** 336212
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.30M
- **Initial approval:** $2.30M
- **Forgiven:** $2.33M (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.19M
- **Utilities:** $38K
- **Health care:** $82K
- **Jobs reported:** 166
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*