# PPP loan: SCHMIDYS MACHINERY COMPANY
> **$193K** approved 03/01/2021 · Paid in Full · Loan `5794968501`
## Borrower
- **Name:** SCHMIDYS MACHINERY COMPANY
- **Address:** 5293 Business US 51, Clinton, IL, 61727-9475
- **NAICS:** 336112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $193K
- **Initial approval:** $193K
- **Forgiven:** $194K (101%)
- **Forgiveness date:** 11/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $193K
- **Jobs reported:** 18
## Lender
- **Originating:** Community State Bank
- **Servicing:** Community State Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*