# PPP loan: PENNELL FORKLIFT SERVICE, INC.
> **$313K** approved 04/10/2020 · Paid in Full · Loan `1341227102`
## Borrower
- **Name:** PENNELL FORKLIFT SERVICE, INC.
- **Address:** 2196 South Main, SOUTH JACKSONVILLE, IL, 62650-9254
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $313K
- **Initial approval:** $313K
- **Forgiven:** $315K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $235K
- **Rent:** $8K
- **Utilities:** $1K
- **Health care:** $67K
- **Debt interest:** $2K
- **Jobs reported:** 27
## Lender
- **Originating:** Williamsville State Bank & Trust
- **Servicing:** Williamsville State Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*