# PPP loan: J. T. FENNELL CO, INC
> **$1.07M** approved 04/08/2020 · Paid in Full · Loan `7740107008`
## Borrower
- **Name:** J. T. FENNELL CO, INC
- **Address:** 1104 N Front St, Chillicothe, IL, 61523-1650
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.07M (100%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $857K
- **Rent:** $200K
- **Utilities:** $14K
- **Jobs reported:** 98
## Lender
- **Originating:** Better Banks
- **Servicing:** Better Banks (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*