# PPP loan: SORCE ENTERPRISES,INC
> **$272K** approved 04/04/2020 · Paid in Full · Loan `4824187003`
## Borrower
- **Name:** SORCE ENTERPRISES,INC
- **Address:** 3201 N Main St, EAST PEORIA, IL, 61611-1718
- **NAICS:** 424420
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Forgiven:** $273K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $204K
- **Rent:** $68K
- **Jobs reported:** 21
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*