Bill's Machine & Power Transmission INC

$234,310 PPP Loan in Olney, Illinois

Loan Details

Loan Number
2327488409
Date Approved
Feb 3, 2021
Loan Status
Paid in Full
Initial Approval
$234,310
Current Approval
$234,310
Forgiveness Amount
$235,825
Forgiveness Date
Sep 28, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Bill's Machine & Power Transmission INC
Address
4678 Weinmann Dr
City
Olney
ZIP Code
62450-1845
Business Type
Corporation
Industry (NAICS)
Manufacturing (333999)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$5.2M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$234,307
Utilities
$1

Lender Information

Servicing Lender
First National Bank in Olney
Originating Lender
First National Bank in Olney

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