# PPP loan: HARTZ TRUCK LINE, INC.
> **$494K** approved 04/09/2020 · Exemption 4 · Loan `9439657009`
## Borrower
- **Name:** HARTZ TRUCK LINE, INC.
- **Address:** 124 STATE AVE S, THIEF RIVER FALLS, MN, 56701-1844
- **NAICS:** 484121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $494K
- **Initial approval:** $494K
- **Forgiven:** $161K (33%)
- **Forgiveness date:** 02/10/2021
- **Status:** Exemption 4
- **Term:** 84 months
## Use of funds
- **Payroll:** $370K
- **Utilities:** $123K
- **Jobs reported:** 32
## Lender
- **Originating:** Northern State Bank of Thief River Falls
- **Servicing:** Northern State Bank of Thief River Falls (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*