Southern Illinois Machine, Inc.

$131,400 PPP Loan in Olney, Illinois

Loan Details

Loan Number
5157487206
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$131,400
Current Approval
$131,400
Forgiveness Amount
$132,430
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Illinois Machine, Inc.
Address
4632 E Radio Tower Lane
City
Olney
ZIP Code
62450-4726
Business Type
Corporation
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$120,260
Rent
$11,000
Utilities
$140

Lender Information

Servicing Lender
Trustbank
Originating Lender
Trustbank

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