# PPP loan: ETI TRUCK REPAIR INC
> **$151K** approved 04/14/2020 · Paid in Full · Loan `5725807107`
## Borrower
- **Name:** ETI TRUCK REPAIR INC
- **Address:** 5830 240TH ST, FOREST LAKE, MN, 55025-4511
- **NAICS:** 811111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $150K (99%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $121K
- **Rent:** $30K
- **Jobs reported:** 10
## Lender
- **Originating:** First State Bank of Wyoming
- **Servicing:** First State Bank of Wyoming (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*