# PPP loan: TAK TRUCKING INC
> **$593K** approved 04/13/2020 · Paid in Full · Loan `5230707110`
## Borrower
- **Name:** TAK TRUCKING INC
- **Address:** 2510 E Devon Ave, Elk Grove Village, IL, 60007-6035
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $593K
- **Initial approval:** $2.19M
- **Forgiven:** $598K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $593K
- **Jobs reported:** 158
## Lender
- **Originating:** Grand Ridge National Bank
- **Servicing:** Grand Ridge National Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*