# PPP loan: PEGASUS MFG INC
> **$194K** approved 04/06/2020 · Paid in Full · Loan `6023637006`
## Borrower
- **Name:** PEGASUS MFG INC
- **Address:** 1382 ENTERPRISE AVE, GALESBURG, IL, 61401-9380
- **NAICS:** 333517
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $169K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $145K
- **Rent:** $24K
- **Utilities:** $24K
- **Jobs reported:** 24
## 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*