# PPP loan: THOELE INC.
> **$432K** approved 04/10/2020 · Paid in Full · Loan `2019237101`
## Borrower
- **Name:** THOELE INC.
- **Address:** 1703 N. 4th. St., St. Charles, MO, 63301-2130
- **NAICS:** 531120
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $432K
- **Initial approval:** $432K
- **Forgiven:** $437K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $346K
- **Mortgage interest:** $65K
- **Utilities:** $22K
- **Jobs reported:** 95
## Lender
- **Originating:** CNB St. Louis Bank
- **Servicing:** CNB St. Louis Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*