# PPP loan: HULL PORTER TRAILERS INC.
> **$262K** approved 04/07/2020 · Paid in Full · Loan `7141977009`
## Borrower
- **Name:** HULL PORTER TRAILERS INC.
- **Address:** 302 US Hwy 71, BRADDYVILLE, IA, 51631-9001
- **NAICS:** 336999
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $231K
- **Rent:** $16K
- **Utilities:** $15K
- **Jobs reported:** 33
## Lender
- **Originating:** Bank Iowa
- **Servicing:** Bank Iowa (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*