Shoup Manufacturing Co

$1,558,954 PPP Loan in Kankakee, Illinois

Loan Details

Loan Number
9156747001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,558,954
Current Approval
$1,558,954
Forgiveness Amount
$1,569,780
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Shoup Manufacturing Co
Address
3 Stuart Dr
ZIP Code
60901-8947
Business Type
Sole Proprietorship
Industry (NAICS)
Manufacturing (333111)
Business Age
Existing or more than 2 years old
Jobs Reported
125
Estimated Revenue
$32.7M
Rural/Urban
Urban
Congressional District
IL-02

Loan Use Breakdown

Payroll
$1,225,932
Utilities
$66,822
Mortgage Interest
$266,200

Lender Information

Servicing Lender
Bank of Rantoul
Originating Lender
Bank of Rantoul

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