# PPP loan: BELL FUELS, INC
> **$702K** approved 04/28/2020 · Paid in Full · Loan `1311007301`
## Borrower
- **Name:** BELL FUELS, INC
- **Address:** 1515 CREEK DR, MORRIS, IL, 60450-6857
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $702K
- **Initial approval:** $702K
- **Forgiven:** $706K (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $526K
- **Rent:** $105K
- **Utilities:** $70K
- **Jobs reported:** 108
## Lender
- **Originating:** Old Plank Trail Community Bank, National Association
- **Servicing:** Old Plank Trail Community Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*