Fmit, INC

$254,700 PPP Loan in Marion, Illinois

Loan Details

Loan Number
5816937008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$254,700
Current Approval
$254,700
Forgiveness Amount
$256,626
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Fmit, INC
Address
3209 West Deyoung St
City
Marion
ZIP Code
62959-5532
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Subaru Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$9.1M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$214,700
Utilities
$15,000
Mortgage Interest
$25,000

Lender Information

Servicing Lender
First Southern Bank
Originating Lender
First Southern Bank

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