# PPP loan: WELLBUILT EQUIPMENT, INC.
> **$264K** approved 04/15/2020 · Paid in Full · Loan `1395597201`
## Borrower
- **Name:** WELLBUILT EQUIPMENT, INC.
- **Address:** 25210 S STATE ST, CRETE, IL, 60417-4027
- **NAICS:** 444190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $264K
- **Initial approval:** $264K
- **Forgiven:** $267K (101%)
- **Forgiveness date:** 02/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Mortgage interest:** $33K
- **Utilities:** $33K
- **Jobs reported:** 18
## 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*