# PPP loan: MOUNTAINEER NEWSPAPERS INC.
> **$179K** approved 01/21/2021 · Paid in Full · Loan `2626298302`
## Borrower
- **Name:** MOUNTAINEER NEWSPAPERS INC.
- **Address:** 211 E Il Route 38, Rochelle, IL, 61068-2303
- **NAICS:** 511110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $179K
- **Initial approval:** $179K
- **Forgiven:** $180K (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $179K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** Central Bank Illinois
- **Servicing:** Central Bank Illinois (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*