# PPP loan: HUELS OIL COMPANY
> **$414K** approved 04/13/2020 · Paid in Full · Loan `4380667101`
## Borrower
- **Name:** HUELS OIL COMPANY
- **Address:** 16320 OLD U.S. HWY 50, CARLYLE, IL, 62231
- **NAICS:** 454310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $414K
- **Initial approval:** $414K
- **Forgiven:** $417K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $393K
- **Rent:** $10K
- **Utilities:** $10K
- **Jobs reported:** 32
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*