# PPP loan: ZANE INC
> **$249K** approved 04/05/2020 · Paid in Full · Loan `5206587002`
## Borrower
- **Name:** ZANE INC
- **Address:** 315 TENNEY ST, KEWANEE, IL, 61443-3451
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $249K
- **Jobs reported:** 49
## Lender
- **Originating:** CBI Bank & Trust
- **Servicing:** CBI Bank & Trust (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*