# PPP loan: GALESBURG NISSAN CORP
> **$266K** approved 04/07/2020 · Paid in Full · Loan `7526547010`
## Borrower
- **Name:** GALESBURG NISSAN CORP
- **Address:** 2080 HENDERSON ST, GALESBURG, IL, 61401-1300
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $266K
- **Initial approval:** $266K
- **Forgiven:** $268K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $266K
- **Jobs reported:** 27
## Lender
- **Originating:** Morton Community Bank
- **Servicing:** Morton Community Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*