# PPP loan: MATTEX SERVICE COMPANY
> **$509K** approved 04/15/2020 · Paid in Full · Loan `2207987209`
## Borrower
- **Name:** MATTEX SERVICE COMPANY
- **Address:** 402 S Staley Road, CHAMPAIGN, IL, 61822
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $509K
- **Initial approval:** $509K
- **Forgiven:** $513K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $382K
- **Rent:** $127K
- **Jobs reported:** 39
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*