# PPP loan: HUELS OIL COMPANY
> **$422K** approved 03/12/2021 · Paid in Full · Loan `9073198504`
## Borrower
- **Name:** HUELS OIL COMPANY
- **Address:** 16320 Old US Highway 50, Carlyle, IL, 62231-2408
- **NAICS:** 454310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $422K
- **Initial approval:** $422K
- **Forgiven:** $424K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $422K
- **Utilities:** $1
- **Jobs reported:** 32
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*