# PPP loan: STOTT CONTRACTING LLC
> **$260K** approved 04/09/2020 · Paid in Full · Loan `9624487008`
## Borrower
- **Name:** STOTT CONTRACTING LLC
- **Address:** 6630 ASHTON RD., MORRIS, IL, 60450-8619
- **NAICS:** 237110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $260K
- **Initial approval:** $260K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Mortgage interest:** $52K
- **Utilities:** $13K
- **Jobs reported:** 11
## Lender
- **Originating:** Grundy Bank
- **Servicing:** Grundy Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*