# PPP loan: PAUL'S MACHINE & WELDING CORP.
> **$1.13M** approved 03/28/2021 · Paid in Full · Loan `2092558705`
## Borrower
- **Name:** PAUL'S MACHINE & WELDING CORP.
- **Address:** 650 N Sycamore St, Villa Grove, IL, 61956-9772
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 02/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.13M
- **Utilities:** $1
- **Jobs reported:** 71
## Lender
- **Originating:** Longview Bank
- **Servicing:** Longview Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*