# PPP loan: NIEHAUS CYCLE SALES, INC
> **$269K** approved 04/10/2020 · Paid in Full · Loan `1784777102`
## Borrower
- **Name:** NIEHAUS CYCLE SALES, INC
- **Address:** 718 N Old Route 66, LITCHFIELD, IL, 62056
- **NAICS:** 441228
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $269K
- **Initial approval:** $269K
- **Forgiven:** $271K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $202K
- **Mortgage interest:** $22K
- **Utilities:** $22K
- **Health care:** $22K
- **Jobs reported:** 19
## Lender
- **Originating:** Bank & Trust Company
- **Servicing:** Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*