PPP Loan information for Shoup manufacturing co

$1,558,954

Shoup manufacturing co was initially approved for PPP Loan of amount $1,558,954, the current approved amount is $1,558,954. The loan was approved on 04/09/2020 by The Bank of Rantoul reported 125 jobs and $1,558,954 was used to fund payroll.

Shoup manufacturing co is Existing or more than 2 years old

PPP Loan Search / IL / KANKAKEE / Shoup manufacturing co

SHOUP MANUFACTURING CO

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SHOUP MANUFACTURING CO

Borrower Address

3 STUART DR

Borrower City

KANKAKEE

Borrower State

IL

Borrower Zip

60901-8947

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1558954.00

Current Approval Amount

1558954.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22401

Servicing Lender Name

Bank of Rantoul

Servicing Lender Address

201 E Champaign Ave

Servicing Lender City

RANTOUL

Servicing Lender State

IL

Servicing Lender Zip

61866-2900

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KANKAKEE

Project County Name

KANKAKEE

Project State

IL

Project Zip

60901-8947

CD

IL-02

Jobs Reported

125

NAICS Code

333111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

66822.00

Payroll Proceed

1225932.00

Mortgage Interest Proceed

266200.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

22401

Originating Lender

Bank of Rantoul

Originating Lender City

RANTOUL

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1569780.07

Forgiveness Date

12/17/2020

;