# PPP loan: MICHAELS' CATERING LLC - MAC5268
> **$166K** approved 02/18/2021 · Paid in Full · Loan `9874598408`
## Borrower
- **Name:** MICHAELS' CATERING LLC - MAC5268
- **Address:** 720 S Neil St, Champaign, IL, 61820-5204
- **NAICS:** 722320
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 11/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $166K
- **Utilities:** $1
- **Jobs reported:** 25
## 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*