# PPP loan: MACHINERY MANAGEMENT SERVICE INC.
> **$180K** approved 04/07/2020 · Paid in Full · Loan `6503397005`
## Borrower
- **Name:** MACHINERY MANAGEMENT SERVICE INC.
- **Address:** 1550 N  5TH ST, CHARLESTON, IL, 61920-1180
- **NAICS:** 488999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Rent:** $1
- **Mortgage interest:** $1
- **Utilities:** $1
- **Health care:** $1
- **Debt interest:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Peoples Bank & Trust
- **Servicing:** Peoples Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*