# PPP loan: MGHMINARD LTD
> **$161K** approved 01/21/2021 · Paid in Full · Loan `2724798303`
## Borrower
- **Name:** MGHMINARD LTD
- **Address:** 1325 S Oakwood Ave Ste 5, Geneseo, IL, 61254-1900
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $161K
- **Utilities:** $1
- **Jobs reported:** 24
## 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*