# PPP loan: SOUTHERN ILLINOIS TRANSFER INC
> **$600K** approved 04/04/2020 · Paid in Full · Loan `4875297001`
## Borrower
- **Name:** SOUTHERN ILLINOIS TRANSFER INC
- **Address:** 718 Industrial Dr, SPARTA, IL, 62286-2101
- **NAICS:** 483211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $600K
- **Initial approval:** $600K
- **Forgiven:** $603K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $450K
- **Mortgage interest:** $75K
- **Utilities:** $75K
- **Jobs reported:** 38
## Lender
- **Originating:** First Mid Bank & Trust, National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*