# PPP loan: THOUVENOT, WADE & MOERCHEN, INC.
> **$1.73M** approved 04/05/2020 · Paid in Full · Loan `5479597000`
## Borrower
- **Name:** THOUVENOT, WADE & MOERCHEN, INC.
- **Address:** 4940 Old Collinsville Rd., Swansea, IL, 62226
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.73M
- **Initial approval:** $1.73M
- **Forgiven:** $1.74M (101%)
- **Forgiveness date:** 11/24/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.30M
- **Rent:** $434K
- **Jobs reported:** 98
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*