# PPP loan: THE MICAR COMPANY
> **$1.50M** approved 01/29/2021 · Paid in Full · Loan `8327828303`
## Borrower
- **Name:** THE MICAR COMPANY
- **Address:** 1790 N Country Club Rd, Decatur, IL, 62521-1856
- **NAICS:** 332322
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.50M
- **Initial approval:** $1.50M
- **Forgiven:** $1.51M (101%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.50M
- **Utilities:** $1
- **Jobs reported:** 92
## Lender
- **Originating:** Land of Lincoln CU
- **Servicing:** Land of Lincoln CU (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*