# PPP loan: NORTHWEST TRUCKS, INC.
> **$520K** approved 04/07/2020 · Paid in Full · Loan `6489047008`
## Borrower
- **Name:** NORTHWEST TRUCKS, INC.
- **Address:** 2120 Road Road, PALATINE, IL, 60074
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $520K
- **Initial approval:** $520K
- **Forgiven:** $523K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $416K
- **Rent:** $78K
- **Mortgage interest:** $26K
- **Jobs reported:** 46
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*