American Machine, Inc.

$67,724 PPP Loan in Mendota, Illinois

Loan Details

Loan Number
8828037010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$67,724
Current Approval
$67,724
Forgiveness Amount
$68,357
Forgiveness Date
Mar 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
American Machine, Inc.
Address
215 E 12th St
ZIP Code
61342-1878
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-14

Loan Use Breakdown

Payroll
$55,000
Rent
$6,000
Utilities
$6,724

Lender Information

Servicing Lender
First State Bank
Originating Lender
First State Bank

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