# PPP loan: LUDLOW COOPERATIVE ELEVATOR COMPANY
> **$350K** approved 02/25/2021 · Paid in Full · Loan `4453518503`
## Borrower
- **Name:** LUDLOW COOPERATIVE ELEVATOR COMPANY
- **Address:** 100 W Thomas St, Ludlow, IL, 60949-6106
- **NAICS:** 424510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $352K (100%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $350K
- **Jobs reported:** 26
## Lender
- **Originating:** CoBank ACB
- **Servicing:** CoBank ACB (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*