# PPP loan: PRESNELL BROTHERS, INC
> **$150K** approved 06/03/2020 · Paid in Full · Loan `7387637807`
## Borrower
- **Name:** PRESNELL BROTHERS, INC
- **Address:** 2 N WALNUT ST, PANA, IL, 62557-1186
- **NAICS:** 237990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $28K (19%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Rent:** $1
- **Mortgage interest:** $1
- **Utilities:** $1
- **Health care:** $1
- **Debt interest:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Peoples Bank & Trust
- **Servicing:** Peoples Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*