# PPP loan: CERONI PIPING CO
> **$1.93M** approved 02/20/2021 · Paid in Full · Loan `2291188508`
## Borrower
- **Name:** CERONI PIPING CO
- **Address:** 7770 Ceroni Rd, Cherry Valley, IL, 61016-2300
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.93M
- **Initial approval:** $1.93M
- **Forgiven:** $1.94M (101%)
- **Forgiveness date:** 09/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.92M
- **Utilities:** $1
- **Jobs reported:** 55
## Lender
- **Originating:** First Mid Bank and Trust National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*