# PPP loan: ABC COATING COMPANY OF ILLINOIS, INC.
> **$501K** approved 06/17/2020 · Paid in Full · Loan `7278147901`
## Borrower
- **Name:** ABC COATING COMPANY OF ILLINOIS, INC.
- **Address:** 1160 N BOUDREAU RD, MANTENO, IL, 60950-3028
- **NAICS:** 332812
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $501K
- **Initial approval:** $501K
- **Forgiven:** $505K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $501K
- **Jobs reported:** 62
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*