# PPP loan: TED'S TRUCK BODY & TRAILER SERVICE, INC
> **$167K** approved 04/14/2020 · Paid in Full · Loan `6884307101`
## Borrower
- **Name:** TED'S TRUCK BODY & TRAILER SERVICE, INC
- **Address:** 4601 S Tripp Ave, CHICAGO, IL, 60632-4418
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $169K (101%)
- **Forgiveness date:** 09/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $125K
- **Mortgage interest:** $25K
- **Utilities:** $17K
- **Jobs reported:** 13
## Lender
- **Originating:** Hinsdale Bank & Trust Company, National Association
- **Servicing:** Hinsdale 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*