Machinery Source, LLC

$227,500 PPP Loan in Belvidere, Illinois

Loan Details

Loan Number
1232358310
Date Approved
Jan 16, 2021
Loan Status
Paid in Full
Initial Approval
$227,500
Current Approval
$227,500
Forgiveness Amount
$229,048
Forgiveness Date
Sep 28, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Machinery Source, LLC
Address
6530 Revlon Dr
ZIP Code
61008-8532
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$227,497
Utilities
$1

Lender Information

Servicing Lender
Stillman Banccorp N.a.
Originating Lender
Stillman Banccorp N.a.

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