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Shine Bros. Corp.

$2,037,200 PPP Loan in Spencer, Iowa

Loan Details

Loan Number
5302087005
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$2,037,200
Current Approval
$2,037,200
Forgiveness Amount
$2,061,137
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Shine Bros. Corp.
Address
225 10th Ave SE
City
Spencer
State
Iowa
ZIP Code
51301-5278
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423930)
Business Age
Existing or more than 2 years old
Jobs Reported
116
Estimated Revenue
$35.5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$1,632,800
Rent
$20,500
Utilities
$113,000
Health Care
$248,200
Debt Interest
$22,700

Lender Information

Servicing Lender
Community State Bank
Originating Lender
Community State Bank

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