# PPP loan: RED'S TRUCK REPAIR INC
> **$338K** approved 04/08/2020 · Paid in Full · Loan `8179457006`
## Borrower
- **Name:** RED'S TRUCK REPAIR INC
- **Address:** 1800 E NORRIS DR, OTTAWA, IL, 61350-1618
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $338K
- **Initial approval:** $338K
- **Forgiven:** $340K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $338K
- **Jobs reported:** 21
## Lender
- **Originating:** American Commercial Bank & Trust, National Association
- **Servicing:** American Commercial Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*