# PPP loan: SYB, INC.
> **$167K** approved 04/07/2020 · Paid in Full · Loan `7156387001`
## Borrower
- **Name:** SYB, INC.
- **Address:** 884 Lampert Lane P. O. Box 354, MONTICELLO, IL, 61856-8076
- **NAICS:** 325211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $169K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $125K
- **Rent:** $21K
- **Utilities:** $21K
- **Jobs reported:** 10
## 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*