# PPP loan: GARELO LLC
> **$348K** approved 02/13/2021 · Paid in Full · Loan `8271488406`
## Borrower
- **Name:** GARELO LLC
- **Address:** 142 Augusta Dr, Palos Heights, IL, 60463-2905
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $348K
- **Initial approval:** $348K
- **Forgiven:** $351K (101%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $348K
- **Utilities:** $1
- **Jobs reported:** 39
## Lender
- **Originating:** Town Center Bank
- **Servicing:** Town Center Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*