PPP Loan information for Steak n shake

$948,041

Steak n shake was initially approved for PPP Loan of amount $948,041, the current approved amount is $948,041. The loan was approved on 04/06/2020 by The Security Bank, S.B. reported 259 jobs and $948,041 was used to fund payroll.

Steak n shake is Existing or more than 2 years old

PPP Loan Search / IL / SPRINGFIELD / Steak n shake

STEAK N SHAKE

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

STEAK N SHAKE

Borrower Address

5457 Old Jacksonville Road

Borrower City

SPRINGFIELD

Borrower State

IL

Borrower Zip

62711-6144

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

948041.00

Current Approval Amount

948041.00

Undisbursed Amount

0.00

Franchise Name

Steak n Shake By Biglari

Servicing Lender Location Id

77801

Servicing Lender Name

Security Bank, S.B.

Servicing Lender Address

510 E Monroe St

Servicing Lender City

SPRINGFIELD

Servicing Lender State

IL

Servicing Lender Zip

62701-1317

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

SANGAMON

Project State

IL

Project Zip

62711-6144

CD

IL-15

Jobs Reported

259

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

711031.00

Mortgage Interest Proceed

0.00

Rent Proceed

237010.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

77801

Originating Lender

Security Bank, S.B.

Originating Lender City

SPRINGFIELD

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

957205.40

Forgiveness Date

03/31/2021

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