# PPP loan: PEKIN DEVELOPMENT CORPORATION OF ILLINOIS INC
> **$261K** approved 04/15/2020 · Paid in Full · Loan `1919947201`
## Borrower
- **Name:** PEKIN DEVELOPMENT CORPORATION OF ILLINOIS INC
- **Address:** 1320 Executive Court, PEKIN, IL, 61554
- **NAICS:** 237210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $261K
- **Jobs reported:** 38
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*