# PPP loan: JACKSONVILLE MACHINE INC.
> **$500K** approved 01/26/2021 · Paid in Full · Loan `6084818306`
## Borrower
- **Name:** JACKSONVILLE MACHINE INC.
- **Address:** 2265 W Morton Ave, Jacksonville, IL, 62650-2626
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $502K (100%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $500K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** Prairie State Bank and Trust
- **Servicing:** Prairie State Bank and Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*