Shields Auto Center, Inc.

$343,800 PPP Loan in Rantoul, Illinois

Loan Details

Loan Number
5764207009
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$343,800
Current Approval
$343,800
Forgiveness Amount
$346,720
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Shields Auto Center, Inc.
Address
850 Broadmeadow Rd
ZIP Code
61866-2126
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Unanswered
Jobs Reported
35
Estimated Revenue
$8.8M
Rural/Urban
Urban
Congressional District
IL-02

Loan Use Breakdown

Payroll
$257,850
Rent
$85,950

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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