# PPP loan: HEITER TRUCK LINE INC
> **$319K** approved 04/08/2020 · Paid in Full · Loan `8277477005`
## Borrower
- **Name:** HEITER TRUCK LINE INC
- **Address:** PO BOX 713, SPENCER, IA, 51301-0713
- **NAICS:** 484220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $319K
- **Initial approval:** $319K
- **Forgiven:** $321K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $268K
- **Utilities:** $18K
- **Health care:** $32K
- **Jobs reported:** 20
## Lender
- **Originating:** State Bank
- **Servicing:** State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*