# PPP loan: NEWELL'S AUTO BODY INC.
> **$357K** approved 04/04/2020 · Paid in Full · Loan `4855427006`
## Borrower
- **Name:** NEWELL'S AUTO BODY INC.
- **Address:** 996 W HARRISON AVE, DECATUR, IL, 62526-3864
- **NAICS:** 811121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $357K
- **Initial approval:** $357K
- **Forgiven:** $359K (101%)
- **Forgiveness date:** 11/13/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $325K
- **Utilities:** $32K
- **Jobs reported:** 25
## Lender
- **Originating:** First Mid Bank & Trust, National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*