# PPP loan: PEKO TILE INC.
> **$280K** approved 01/21/2021 · Paid in Full · Loan `3085998301`
## Borrower
- **Name:** PEKO TILE INC.
- **Address:** 310 W Colfax St, Palatine, IL, 60067-2526
- **NAICS:** 238340
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $282K (101%)
- **Forgiveness date:** 11/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $280K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** Village Bank and Trust, National Association
- **Servicing:** Village Bank and Trust, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*