# PPP loan: HOLTGRAVE DISTRIBUTING INC
> **$780K** approved 01/20/2021 · Paid in Full · Loan `1922248309`
## Borrower
- **Name:** HOLTGRAVE DISTRIBUTING INC
- **Address:** 654 E State St, O Fallon, IL, 62269-1574
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $780K
- **Initial approval:** $780K
- **Forgiven:** $784K (101%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $780K
- **Utilities:** $1
- **Jobs reported:** 43
## Lender
- **Originating:** Germantown Trust & Savings Bank
- **Servicing:** Germantown Trust & Savings Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*