# PPP loan: CANDLELIGHT INN INC
> **$658K** approved 01/16/2021 · Paid in Full · Loan `1120018308`
## Borrower
- **Name:** CANDLELIGHT INN INC
- **Address:** 2907 Locust St, Sterling, IL, 61081-9501
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $658K
- **Initial approval:** $658K
- **Forgiven:** $661K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $658K
- **Utilities:** $1
- **Jobs reported:** 102
## Lender
- **Originating:** Sauk Valley Bank & Trust Company
- **Servicing:** Sauk Valley Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*