# PPP loan: HOMER TREE SERVICE, INC.
> **$314K** approved 04/06/2020 · Paid in Full · Loan `6088307002`
## Borrower
- **Name:** HOMER TREE SERVICE, INC.
- **Address:** 14000 ARCHER AVE, LOCKPORT, IL, 60441-7447
- **NAICS:** 561730
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $314K
- **Initial approval:** $313K
- **Forgiven:** $316K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $314K
- **Jobs reported:** 20
## Lender
- **Originating:** Schaumburg Bank & Trust Company, National Association
- **Servicing:** Schaumburg Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*