Sherman's Place, Inc.

$1,513,600 PPP Loan in Peoria Heights, Illinois

Loan Details

Loan Number
4762957002
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$1,513,600
Current Approval
$1,513,600
Forgiveness Amount
$1,524,216
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Sherman's Place, Inc.
Address
1203 E Marietta Ave
ZIP Code
61616-6323
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (442110)
Business Age
Existing or more than 2 years old
Jobs Reported
185
Estimated Revenue
$33.5M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$1,135,200
Rent
$378,400

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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