# PPP loan: LAY'S MINING SERVICE, INC
> **$361K** approved 04/10/2020 · Paid in Full · Loan `1566307103`
## Borrower
- **Name:** LAY'S MINING SERVICE, INC
- **Address:** 1121 S 10th St, MOUNT VERNON, IL, 62864-5401
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $361K
- **Initial approval:** $361K
- **Forgiven:** $363K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $306K
- **Health care:** $55K
- **Jobs reported:** 34
## Lender
- **Originating:** Community First Bank of the Heartland
- **Servicing:** Community First Bank of the Heartland (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*