# PPP loan: ELCO PRO LTD
> **$257K** approved 04/09/2020 · Paid in Full · Loan `1128787107`
## Borrower
- **Name:** ELCO PRO LTD
- **Address:** 350 5th St Ste 266, Peru, IL, 61354-2813
- **NAICS:** 812990
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $257K
- **Jobs reported:** 29
## Lender
- **Originating:** First Midwest Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*