# PPP loan: PAPE SCHOOL BUS, INC.
> **$190K** approved 04/05/2020 · Paid in Full · Loan `5188397010`
## Borrower
- **Name:** PAPE SCHOOL BUS, INC.
- **Address:** 36075 East End Road, INDEPENDENCE, WI, 54747-8080
- **NAICS:** 485113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $190K
- **Initial approval:** $190K
- **Forgiven:** $191K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $183K
- **Rent:** $4K
- **Mortgage interest:** $3K
- **Jobs reported:** 65
## Lender
- **Originating:** First National Bank & Trust Company
- **Servicing:** First National Bank & Trust Company (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*