# PPP loan: SOUTHERN ILLINOIS MOTOR XPRESS, INC.
> **$1.74M** approved 04/04/2020 · Paid in Full · Loan `4908457009`
## Borrower
- **Name:** SOUTHERN ILLINOIS MOTOR XPRESS, INC.
- **Address:** 1967 Pyatt Cutler Rd, CUTLER, IL, 62238-9999
- **NAICS:** 484220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.74M
- **Initial approval:** $1.74M
- **Forgiven:** $1.75M (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.30M
- **Utilities:** $434K
- **Jobs reported:** 165
## 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*