# PPP loan: SHAPIRO BROTHERS OF ILLINOIS
> **$195K** approved 04/03/2020 · Paid in Full · Loan `4383217003`
## Borrower
- **Name:** SHAPIRO BROTHERS OF ILLINOIS
- **Address:** 510 South 6th Street, MOUNT VERNON, IL, 62864-5300
- **NAICS:** 423930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Rent:** $8K
- **Mortgage interest:** $6K
- **Utilities:** $5K
- **Jobs reported:** 21
## Lender
- **Originating:** Community First Bank of the Heartland
- **Servicing:** Community First Bank of the Heartland (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*