# PPP loan: CARGO EQUIPMENT CORPORATION
> **$223K** approved 04/05/2020 · Paid in Full · Loan `5415697007`
## Borrower
- **Name:** CARGO EQUIPMENT CORPORATION
- **Address:** 13700 GEORGE BUSH COURT, HUNTLEY, IL, 60142-0018
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $223K
- **Initial approval:** $223K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 03/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $223K
- **Jobs reported:** 26
## Lender
- **Originating:** American Community Bank & Trust
- **Servicing:** American Community Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*