# PPP loan: ILLINOIS PIPING CORPORATION
> **$1.25M** approved 04/14/2020 · Paid in Full · Loan `7967227101`
## Borrower
- **Name:** ILLINOIS PIPING CORPORATION
- **Address:** 2323 SW Washington Street, PEORIA, IL, 61602
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $938K
- **Rent:** $313K
- **Jobs reported:** 37
## 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*