Shaw Heavy Equipment Repair, INC

$609,360 PPP Loan in Sparta, Illinois

Loan Details

Loan Number
8846677105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$609,360
Current Approval
$609,360
Forgiveness Amount
$612,866
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Shaw Heavy Equipment Repair, INC
Address
404 E 4th Street
City
Sparta
ZIP Code
62286
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213113)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$579,052
Rent
$4,630
Utilities
$14,834
Mortgage Interest
$10,844

Lender Information

Servicing Lender
The First National Bank of Ava
Originating Lender
The First National Bank of Ava

Other PPP Loans in Sparta, IL

BusinessApproved
Sparta Community Hospital District$2,800,000NewBizBotAI Deep Dive
Medsatar Ambulance INC$1,686,600NewBizBotAI Deep Dive
Glenn Zanders Fur & Sporting Goods Co.$1,411,388NewBizBotAI Deep Dive
Southern Illinois Transfer INC$599,700NewBizBotAI Deep Dive
Cts Technology Solutions, Inc.$589,000NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free