General Machine, Inc.
$225,000 PPP Loan in Freeburg, Illinois
Loan Details
- Loan Number
- 3976407100
- Date Approved
- Apr 12, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $225,000
- Current Approval
- $225,000
- Forgiveness Amount
- $226,436
- Forgiveness Date
- Dec 14, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- General Machine, Inc.
- Address
- 6038 Schiermeier Road
- City
- Freeburg
- State
- Illinois
- ZIP Code
- 62243-2012
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 14
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IL-12
Loan Use Breakdown
- Payroll
- $196,000
- Rent
- $21,000
- Utilities
- $8,000
Lender Information
- Servicing Lender
- Bank of Belleville
- Originating Lender
- Bank of Belleville
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