# PPP loan: BAUMGARTEN DISTRIBUTING CO., INC
> **$364K** approved 04/09/2020 · Paid in Full · Loan `9276567000`
## Borrower
- **Name:** BAUMGARTEN DISTRIBUTING CO., INC
- **Address:** 1618 W Detweiller Dr, PEORIA, IL, 61615-1610
- **NAICS:** 424810
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $364K
- **Initial approval:** $366K
- **Forgiven:** $367K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $273K
- **Rent:** $91K
- **Jobs reported:** 39
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*