# PPP loan: GRUNDY ASSOC & IL VALLEY WORK
> **$167K** approved 04/28/2020 · Paid in Full · Loan `1000337309`
## Borrower
- **Name:** GRUNDY ASSOC & IL VALLEY WORK
- **Address:** 1033 Third Ave, MORRIS, IL, 60450
- **NAICS:** 624310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $169K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $126K
- **Utilities:** $42K
- **Jobs reported:** 31
## Lender
- **Originating:** Grundy Bank
- **Servicing:** Grundy Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*