# PPP loan: AMERICAN NICKELOID COMPANY
> **$2.22M** approved 04/14/2020 · Paid in Full · Loan `7842737108`
## Borrower
- **Name:** AMERICAN NICKELOID COMPANY
- **Address:** 2900 West Main Street, PERU, IL, 61354
- **NAICS:** 332813
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.22M
- **Initial approval:** $2.22M
- **Forgiven:** $2.24M (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.12M
- **Utilities:** $100K
- **Jobs reported:** 156
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*