# PPP loan: STEAK N SHAKE
> **$948K** approved 04/06/2020 · Paid in Full · Loan `6382417001`
## Borrower
- **Name:** STEAK N SHAKE
- **Address:** 5457 Old Jacksonville Road, SPRINGFIELD, IL, 62711-6144
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $948K
- **Initial approval:** $948K
- **Forgiven:** $957K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $711K
- **Rent:** $237K
- **Jobs reported:** 259
## Lender
- **Originating:** Security Bank, S.B.
- **Servicing:** Security Bank, S.B. (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*