# PPP loan: SOUTHERN ILLINOIS CRANKSHAFT, INC.
> **$161K** approved 04/10/2020 · Paid in Full · Loan `2525037103`
## Borrower
- **Name:** SOUTHERN ILLINOIS CRANKSHAFT, INC.
- **Address:** 225 Kaskaskia Rd, Red Bud, IL, 62278-1387
- **NAICS:** 333249
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $145K
- **Mortgage interest:** $12K
- **Utilities:** $4K
- **Jobs reported:** 12
## 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*