# PPP loan: TRACE AMBULANCE, INC
> **$643K** approved 04/06/2020 · Paid in Full · Loan `6323707005`
## Borrower
- **Name:** TRACE AMBULANCE, INC
- **Address:** 8400 183RD PL, TINLEY PARK, IL, 60487-4500
- **NAICS:** 621910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $643K
- **Initial approval:** $643K
- **Forgiven:** $647K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $483K
- **Mortgage interest:** $80K
- **Utilities:** $80K
- **Jobs reported:** 112
## Lender
- **Originating:** Old Plank Trail Community Bank, National Association
- **Servicing:** Old Plank Trail Community Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*