Steak N Shake

$948,041 PPP Loan in Springfield, Illinois

Loan Details

Loan Number
6382417001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$948,041
Current Approval
$948,041
Forgiveness Amount
$957,205
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Steak N Shake
Address
5457 Old Jacksonville Road
ZIP Code
62711-6144
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Franchise
Steak N Shake by Biglari
Business Age
Existing or more than 2 years old
Jobs Reported
259
Estimated Revenue
$46.0M
Rural/Urban
Urban
Congressional District
IL-15

Loan Use Breakdown

Payroll
$711,031
Rent
$237,010

Lender Information

Servicing Lender
Security Bank, S.b.
Originating Lender
Security Bank, S.b.

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