Date Approved
04/03/2020
SBA Office Code
0390
Processing Method
PPP
Borrower Name
LAWRENCE E. SHERMAN JR, L.C.
Borrower Address
255 W MAIN STREET
Borrower City
ROMNEY
Borrower State
WV
Borrower Zip
26757-1641
Loan Status Date
08/19/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
78500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
75390
Servicing Lender Name
The Bank of Romney
Servicing Lender Address
95 E Main St
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
26757-1816
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HAMPSHIRE
Project State
Project Zip
CD
WV-02
Jobs Reported
11
NAICS Code
541110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
19625.00
Payroll Proceed
58875.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
79516.14
Forgiveness Date
07/19/2021