# PPP loan: GALESBURG BROADCASTING COMPANY
> **$218K** approved 04/04/2020 · Paid in Full · Loan `5036537005`
## Borrower
- **Name:** GALESBURG BROADCASTING COMPANY
- **Address:** 154 E SIMMONS ST, GALESBURG, IL, 61401-4607
- **NAICS:** 515112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $213K (98%)
- **Forgiveness date:** 11/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $218K
- **Jobs reported:** 19
## Lender
- **Originating:** CBI Bank & Trust
- **Servicing:** CBI Bank & Trust (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*