# PPP loan: HEINOLD BANWART LTD
> **$823K** approved 04/09/2020 · Paid in Full · Loan `8961587010`
## Borrower
- **Name:** HEINOLD BANWART LTD
- **Address:** 201 CLOCK TOWER DR STE 300, EAST PEORIA, IL, 61611-1795
- **NAICS:** 541211
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $823K
- **Initial approval:** $823K
- **Forgiven:** $762K (93%)
- **Forgiveness date:** 11/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $823K
- **Jobs reported:** 56
## Lender
- **Originating:** Morton Community Bank
- **Servicing:** Morton Community Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*