# PPP loan: PACIFIC PRESS HOLDINGS, LLC
> **$850K** approved 04/05/2020 · Paid in Full · Loan `5481717009`
## Borrower
- **Name:** PACIFIC PRESS HOLDINGS, LLC
- **Address:** 714 N WALNUT ST, MOUNT CARMEL, IL, 62863-1466
- **NAICS:** 333517
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $850K
- **Initial approval:** $1.15M
- **Forgiven:** $855K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $700K
- **Rent:** $150K
- **Jobs reported:** 60
## Lender
- **Originating:** Carrollton Bank
- **Servicing:** Carrollton Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*