Don Schumacher Racing Corporation

$1,250,700 PPP Loan in Mount Prospect, Illinois

Loan Details

Loan Number
8028657010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,250,700
Current Approval
$1,250,700
Forgiveness Amount
$1,257,822
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Don Schumacher Racing Corporation
Address
801 E. Business Center Drive
ZIP Code
60056-2179
Business Type
Subchapter S Corporation
Industry (NAICS)
Arts, Entertainment, and Recreation (711211)
Business Age
Existing or more than 2 years old
Jobs Reported
86
Estimated Revenue
$14.1M
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$1,250,700

Lender Information

Servicing Lender
Lake Michigan Cu
Originating Lender
Pilot Bank

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