# PPP loan: TOM SPARKS BUICK, INC.
> **$200K** approved 04/07/2020 · Paid in Full · Loan `7360987001`
## Borrower
- **Name:** TOM SPARKS BUICK, INC.
- **Address:** 216 S FIRST STREET, DEKALB, IL, 60115-3618
- **NAICS:** 441120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $181K
- **Rent:** $12K
- **Utilities:** $7K
- **Jobs reported:** 18
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*