# PPP loan: NUSSBAUM TRANSPORTATION SERVICES, INC.
> **$7.24M** approved 04/28/2020 · Paid in Full · Loan `7688337205`
## Borrower
- **Name:** NUSSBAUM TRANSPORTATION SERVICES, INC.
- **Address:** 19336 N 1425 East Road, HUDSON, IL, 61748
- **NAICS:** 423860
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.24M
- **Initial approval:** $7.24M
- **Forgiven:** $7.32M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $7.09M
- **Rent:** $152K
- **Jobs reported:** 500
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*