# PPP loan: SHALES MCNUTT, LLC
> **$521K** approved 04/04/2020 · Paid in Full · Loan `4902247004`
## Borrower
- **Name:** SHALES MCNUTT, LLC
- **Address:** 425 Renner Dr, ELGIN, IL, 60123-6903
- **NAICS:** 236220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $521K
- **Initial approval:** $521K
- **Forgiven:** $527K (101%)
- **Forgiveness date:** 06/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $521K
- **Jobs reported:** 15
## Lender
- **Originating:** American Community Bank & Trust
- **Servicing:** American Community Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*