# PPP loan: WERHANE ENTERPRISES, LTD
> **$225K** approved 04/28/2020 · Paid in Full · Loan `8661837207`
## Borrower
- **Name:** WERHANE ENTERPRISES, LTD
- **Address:** 509 E Main St, Lena, IL, 61048
- **NAICS:** 484220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $169K
- **Utilities:** $56K
- **Jobs reported:** 20
## Lender
- **Originating:** Citizens State Bank
- **Servicing:** Citizens State Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*