# PPP loan: PERLEY CABLE CONSTRUCTION
> **$438K** approved 04/13/2020 · Paid in Full · Loan `4453387102`
## Borrower
- **Name:** PERLEY CABLE CONSTRUCTION
- **Address:** 1295 Lourdes Rd, Metamora, IL, 61548-7710
- **NAICS:** 335921
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $438K
- **Initial approval:** $438K
- **Forgiven:** $442K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $351K
- **Rent:** $60K
- **Utilities:** $28K
- **Jobs reported:** 32
## Lender
- **Originating:** Better Banks
- **Servicing:** Better Banks (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*