# PPP loan: TILLEMAN MOTOR CO.
> **$1.12M** approved 04/06/2020 · Paid in Full · Loan `6310567001`
## Borrower
- **Name:** TILLEMAN MOTOR CO.
- **Address:** PO BOX 2070, HAVRE, MT, 59501-2011
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.13M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $893K
- **Rent:** $119K
- **Mortgage interest:** $25K
- **Utilities:** $79K
- **Jobs reported:** 80
## Lender
- **Originating:** Independence Bank
- **Servicing:** Independence Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*