# PPP loan: POWER EQUIPMENT LEASING CO.INC
> **$201K** approved 04/06/2020 · Paid in Full · Loan `6287087000`
## Borrower
- **Name:** POWER EQUIPMENT LEASING CO.INC
- **Address:** 605 Anderson Drive, ROMEOVILLE, IL, 60446-1687
- **NAICS:** 532412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $201K
- **Initial approval:** $201K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Rent:** $25K
- **Utilities:** $25K
- **Jobs reported:** 13
## Lender
- **Originating:** Wheaton Bank & Trust Company, National Association
- **Servicing:** Wheaton Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*