# PPP loan: PUMP SUPPLY INCORPORATED
> **$354K** approved 04/08/2020 · Paid in Full · Loan `8842347005`
## Borrower
- **Name:** PUMP SUPPLY INCORPORATED
- **Address:** 860 CHURCH RD, ELGIN, IL, 60123-9344
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $354K
- **Initial approval:** $354K
- **Forgiven:** $356K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $283K
- **Rent:** $35K
- **Utilities:** $18K
- **Debt interest:** $18K
- **Jobs reported:** 20
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*