Shakespeare Oil Company, Inc.

$317,000 PPP Loan in Salem, Illinois

Loan Details

Loan Number
4805987001
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$317,000
Current Approval
$317,000
Forgiveness Amount
$319,032
Forgiveness Date
Dec 7, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Shakespeare Oil Company, Inc.
Address
202 W. Main St
City
Salem
ZIP Code
62881-1519
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213111)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$253,602
Utilities
$3,000
Mortgage Interest
$60,398

Lender Information

Servicing Lender
1nb Bank
Originating Lender
1nb Bank

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