# PPP loan: J.T. CULLEN CO
> **$987K** approved 04/07/2020 · Paid in Full · Loan `7155187009`
## Borrower
- **Name:** J.T. CULLEN CO
- **Address:** 901  31ST AVE, FULTON, IL, 61252-9609
- **NAICS:** 332312
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $987K
- **Initial approval:** $987K
- **Forgiven:** $994K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $800K
- **Rent:** $80K
- **Utilities:** $10K
- **Health care:** $97K
- **Jobs reported:** 71
## Lender
- **Originating:** Citizens First Bank
- **Servicing:** Citizens First Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*