# PPP loan: B&L MACHINE SALES, INC.
> **$202K** approved 04/08/2020 · Paid in Full · Loan `8417087009`
## Borrower
- **Name:** B&L MACHINE SALES, INC.
- **Address:** One Legend Park, 2700 N. 3rd St., EFFINGHAM, IL, 62401
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $202K
- **Initial approval:** $202K
- **Forgiven:** $204K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $152K
- **Rent:** $51K
- **Jobs reported:** 11
## Lender
- **Originating:** Carrollton Bank
- **Servicing:** Carrollton Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*