# PPP loan: MOULTRIE COUNTY BEACON, INC.
> **$538K** approved 04/04/2020 · Paid in Full · Loan `4900397010`
## Borrower
- **Name:** MOULTRIE COUNTY BEACON, INC.
- **Address:** 401 W WATER ST, SULLIVAN, IL, 61951-1883
- **NAICS:** 624190
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $538K
- **Initial approval:** $538K
- **Forgiven:** $541K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $403K
- **Mortgage interest:** $67K
- **Utilities:** $67K
- **Jobs reported:** 98
## 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*