# PPP loan: UTILITY EASTERN SHORE TRAILER SALES, INC.
> **$274K** approved 04/14/2020 · Paid in Full · Loan `6072017102`
## Borrower
- **Name:** UTILITY EASTERN SHORE TRAILER SALES, INC.
- **Address:** 9226 Redden Rd PO BOX 159, Bridgeville, DE, 19933
- **NAICS:** 423110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $270K (98%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $205K
- **Mortgage interest:** $50K
- **Utilities:** $18K
- **Jobs reported:** 19
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*