# PPP loan: THE FROSTY MUG INC.
> **$193K** approved 01/20/2021 · Paid in Full · Loan `2004828301`
## Borrower
- **Name:** THE FROSTY MUG INC.
- **Address:** 1113 Salem Rd, Mount Vernon, IL, 62864-3440
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $193K
- **Initial approval:** $193K
- **Forgiven:** $194K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $193K
- **Utilities:** $1
- **Jobs reported:** 21
## 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*