# PPP loan: AXLINE'S INC.
> **$310K** approved 04/07/2020 · Paid in Full · Loan `6897327008`
## Borrower
- **Name:** AXLINE'S INC.
- **Address:** 220 N. MAIN ST, MONMOUTH, IL, 61462-1741
- **NAICS:** 446110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $310K
- **Initial approval:** $310K
- **Forgiven:** $312K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Mortgage interest:** $31K
- **Utilities:** $31K
- **Jobs reported:** 44
## Lender
- **Originating:** Fortress Bank
- **Servicing:** Fortress Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*