# PPP loan: PNC INC
> **$1.47M** approved 02/11/2021 · Paid in Full · Loan `6906958400`
## Borrower
- **Name:** PNC INC
- **Address:** 117 E Mason St, Polo, IL, 61064-1521
- **NAICS:** 334513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.47M
- **Initial approval:** $1.47M
- **Forgiven:** $1.49M (101%)
- **Forgiveness date:** 04/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.47M
- **Utilities:** $1
- **Jobs reported:** 161
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*