Bill's Machine & Powr Trns,inc

$231,637 PPP Loan in Olney, Illinois

Loan Details

Loan Number
7050167007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$231,637
Current Approval
$231,637
Forgiveness Amount
$233,420
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bill's Machine & Powr Trns,inc
Address
4678 Weinmann Dr, Ste B
City
Olney
ZIP Code
62450-1845
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$5.9M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$173,709
Rent
$32,115
Utilities
$8,043
Health Care
$17,770

Lender Information

Servicing Lender
Flora Bank & Trust
Originating Lender
Flora Bank & Trust

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