# PPP loan: G M SIPES CONSTRUCTION INC
> **$844K** approved 04/08/2020 · Paid in Full · Loan `8770497004`
## Borrower
- **Name:** G M SIPES CONSTRUCTION INC
- **Address:** 109 PO BOX, RUSHVILLE, IL, 62681-0109
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $844K
- **Initial approval:** $782K
- **Forgiven:** $853K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $844K
- **Jobs reported:** 32
## Lender
- **Originating:** Morton Community Bank
- **Servicing:** Morton Community Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*