# PPP loan: STOUT'S FACTORY SHOE STORE COMPANY INC.
> **$203K** approved 04/14/2020 · Paid in Full · Loan `7009247103`
## Borrower
- **Name:** STOUT'S FACTORY SHOE STORE COMPANY INC.
- **Address:** 318 Massachusetts Ave, INDIANAPOLIS, IN, 46204
- **NAICS:** 448210
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $203K
- **Initial approval:** $203K
- **Forgiven:** $205K (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $152K
- **Rent:** $51K
- **Jobs reported:** 28
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*