# PPP loan: SILKWORM INC.
> **$407K** approved 04/04/2020 · Paid in Full · Loan `4822377008`
## Borrower
- **Name:** SILKWORM INC.
- **Address:** 102 South SEZMORE DR, MURPHYSBORO, IL, 62966-7046
- **NAICS:** 323113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $407K
- **Initial approval:** $407K
- **Forgiven:** $413K (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $370K
- **Mortgage interest:** $13K
- **Utilities:** $10K
- **Health care:** $12K
- **Debt interest:** $2K
- **Jobs reported:** 57
## Lender
- **Originating:** Farmers State Bank of Alto Pass, Illinois
- **Servicing:** Farmers State Bank of Alto Pass, Illinois (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*