# PPP loan: MCCULLOUGH IMPLEMENT CO
> **$213K** approved 04/05/2020 · Paid in Full · Loan `5410527003`
## Borrower
- **Name:** MCCULLOUGH IMPLEMENT CO
- **Address:** 1966 North State Route 1, WATSEKA, IL, 60970-6002
- **NAICS:** 423820
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $215K (101%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $213K
- **Jobs reported:** 21
## Lender
- **Originating:** The First Trust and Savings Bank of Watseka
- **Servicing:** The First Trust and Savings Bank of Watseka (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*