# PPP loan: MT CARMEL PUBLIC UTILITY CO
> **$750K** approved 04/04/2020 · Paid in Full · Loan `4909917007`
## Borrower
- **Name:** MT CARMEL PUBLIC UTILITY CO
- **Address:** 316 Market Street, MOUNT CARMEL, IL, 62863
- **NAICS:** 221122
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $750K
- **Initial approval:** $828K
- **Forgiven:** $758K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $563K
- **Utilities:** $188K
- **Jobs reported:** 42
## 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*