# PPP loan: PROKSCH TRANSIT, INC.
> **$250K** approved 04/14/2020 · Paid in Full · Loan `6311157107`
## Borrower
- **Name:** PROKSCH TRANSIT, INC.
- **Address:** 811 Old River Road, STODDARD, WI, 54658-8984
- **NAICS:** 492110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $240K (96%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $235K
- **Rent:** $11K
- **Utilities:** $4K
- **Jobs reported:** 27
## Lender
- **Originating:** River Bank
- **Servicing:** River Bank (WI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*