# PPP loan: TONICA HARDWARE INC
> **$420K** approved 04/13/2020 · Paid in Full · Loan `4828087103`
## Borrower
- **Name:** TONICA HARDWARE INC
- **Address:** 220 LaSalle Street, Tonica, IL, 61370-0346
- **NAICS:** 811490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $420K
- **Initial approval:** $420K
- **Forgiven:** $425K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $420K
- **Jobs reported:** 35
## Lender
- **Originating:** Illini State Bank
- **Servicing:** Illini State Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*