# PPP loan: GENERAL MACHINE INC
> **$225K** approved 02/18/2021 · Paid in Full · Loan `1130918507`
## Borrower
- **Name:** GENERAL MACHINE INC
- **Address:** 6038 Schiermeier Rd, Freeburg, IL, 62243-2012
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $226K (100%)
- **Forgiveness date:** 07/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $225K
- **Jobs reported:** 15
## Lender
- **Originating:** Bank of Belleville
- **Servicing:** Bank of Belleville (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*