# PPP loan: COIL-TRAN LLC
> **$424K** approved 04/14/2020 · Paid in Full · Loan `7368907102`
## Borrower
- **Name:** COIL-TRAN LLC
- **Address:** 160 S. ILLINOIS ST, HOBART, IN, 46342-4512
- **NAICS:** 335311
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $424K
- **Initial approval:** $424K
- **Forgiven:** $426K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $372K
- **Rent:** $26K
- **Utilities:** $6K
- **Health care:** $19K
- **Jobs reported:** 53
## 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*