# PPP loan: BECK OIL COMPANY OF ILLINOIS
> **$1.48M** approved 04/04/2020 · Paid in Full · Loan `4801607006`
## Borrower
- **Name:** BECK OIL COMPANY OF ILLINOIS
- **Address:** 850 E THOMPSON ST, PRINCETON, IL, 61356-2502
- **NAICS:** 447110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.48M
- **Initial approval:** $1.48M
- **Forgiven:** $1.49M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.18M
- **Health care:** $296K
- **Jobs reported:** 232
## 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*