# PPP loan: T&E ENTERPRISES OF HERSCHER INC
> **$268K** approved 04/05/2020 · Paid in Full · Loan `5568597002`
## Borrower
- **Name:** T&E ENTERPRISES OF HERSCHER INC
- **Address:** 80 Tobey Dr PO BOX 237, HERSCHER, IL, 60941-0237
- **NAICS:** 336211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $271K (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $201K
- **Utilities:** $67K
- **Jobs reported:** 27
## Lender
- **Originating:** First Mid Bank & Trust, National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*