# PPP loan: MICHLIG HOLDINGS, INC
> **$524K** approved 04/10/2020 · Paid in Full · Loan `2016127108`
## Borrower
- **Name:** MICHLIG HOLDINGS, INC
- **Address:** 101 1st St PO BOX 347, MANLIUS, IL, 61338-0347
- **NAICS:** 424510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $524K
- **Initial approval:** $524K
- **Forgiven:** $491K (94%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $524K
- **Jobs reported:** 39
## Lender
- **Originating:** Central Bank Illinois
- **Servicing:** Central Bank Illinois (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*