# PPP loan: ETCHBERGER TRUCKING INC.
> **$200K** approved 04/07/2020 · Paid in Full · Loan `7468147009`
## Borrower
- **Name:** ETCHBERGER TRUCKING INC.
- **Address:** 1630 S GALENA AVE, FREEPORT, IL, 61032-2518
- **NAICS:** 484230
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $203K (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Mortgage interest:** $25K
- **Utilities:** $25K
- **Jobs reported:** 15
## Lender
- **Originating:** German-American State Bank
- **Servicing:** German-American State Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*