T.r. Machine, Inc.

$248,400 PPP Loan in Davis, Illinois

Loan Details

Loan Number
5271457005
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$248,400
Current Approval
$248,400
Forgiveness Amount
$251,112
Forgiveness Date
May 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
T.r. Machine, Inc.
Address
103 Il Route 75
City
Davis
ZIP Code
61019-9584
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$6.6M
Rural/Urban
Rural
Congressional District
IL-16

Loan Use Breakdown

Payroll
$186,300
Utilities
$31,050
Mortgage Interest
$31,050

Lender Information

Servicing Lender
State Bank
Originating Lender
State Bank

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