# PPP loan: BATES MOTOR CO
> **$150K** approved 04/07/2020 · Paid in Full · Loan `6471267006`
## Borrower
- **Name:** BATES MOTOR CO
- **Address:** PO BOX 437, CARLINVILLE, IL, 62626-0437
- **NAICS:** 423110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 16
## Lender
- **Originating:** CNB Bank and Trust, National Association
- **Servicing:** CNB Bank and Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*