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G M Sipes Construction INC

$781,500 PPP Loan in Rushville, Illinois

Loan Details

Loan Number
8770497004
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$781,500
Current Approval
$844,250
Forgiveness Amount
$853,490
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
G M Sipes Construction INC
Address
109 Po Box
City
Rushville
State
Illinois
ZIP Code
62681-0109
Business Type
Corporation
Industry (NAICS)
Construction (237310)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$9.9M
Rural/Urban
Rural
Congressional District
IL-15

Loan Use Breakdown

Payroll
$844,250

Lender Information

Servicing Lender
Morton Community Bank
Originating Lender
Morton Community Bank

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