# PPP loan: PETER SNELTEN & SONS, INC.
> **$316K** approved 04/15/2020 · Paid in Full · Loan `8600907102`
## Borrower
- **Name:** PETER SNELTEN & SONS, INC.
- **Address:** 25000 OLD RAND RD, WAUCONDA, IL, 60084-3403
- **NAICS:** 213111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $316K
- **Initial approval:** $316K
- **Forgiven:** $317K (101%)
- **Forgiveness date:** 11/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $237K
- **Health care:** $79K
- **Jobs reported:** 18
## Lender
- **Originating:** Libertyville Bank & Trust Company, National Association
- **Servicing:** Libertyville Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*