Lake Shannon, INC

$93,500 PPP Loan in Reddick, Illinois

Loan Details

Loan Number
8639947002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$93,500
Current Approval
$93,500
Forgiveness Amount
$94,117
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lake Shannon, INC
Address
18530 W 3000n Rd Lot #305
ZIP Code
60961-5627
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (813990)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-02

Loan Use Breakdown

Payroll
$76,000
Utilities
$5,500
Mortgage Interest
$12,000

Lender Information

Servicing Lender
Bank of Pontiac
Originating Lender
Bank of Pontiac

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