# PPP loan: GALE CONSTRUCTION COMPANY OF ILLINOIS
> **$207K** approved 04/08/2020 · Paid in Full · Loan `8394887009`
## Borrower
- **Name:** GALE CONSTRUCTION COMPANY OF ILLINOIS
- **Address:** 315 MCDONOUGH ST, JOLIET, IL, 60436-2235
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $207K
- **Initial approval:** $207K
- **Forgiven:** $209K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Rent:** $26K
- **Utilities:** $26K
- **Jobs reported:** 35
## Lender
- **Originating:** Old Plank Trail Community Bank, National Association
- **Servicing:** Old Plank Trail Community Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*