# PPP loan: JIM'S DOWNTOWN STEAKHOUSE
> **$176K** approved 04/14/2020 · Paid in Full · Loan `6136037108`
## Borrower
- **Name:** JIM'S DOWNTOWN STEAKHOUSE
- **Address:** 110 SW JEFFERSON AVE, PEORIA, IL, 61602-1255
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $60K (34%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Jobs reported:** 38
## Lender
- **Originating:** First State Bank of Forrest
- **Servicing:** First State Bank of Forrest (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*