PPP Loan information for Shadrack watersport inc

$157,600

Shadrack watersport inc was initially approved for PPP Loan of amount $157,600, the current approved amount is $157,600. The loan was approved on 04/28/2020 by The Regions Bank reported 26 jobs and $157,600 was used to fund payroll.

Shadrack watersport inc is Existing or more than 2 years old

SHADRACK WATERSPORT INC

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SHADRACK WATERSPORT INC

Borrower Address

2876 HWY 11E

Borrower City

BRISTOL

Borrower State

TN

Borrower Zip

37620

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157600.00

Current Approval Amount

157600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRISTOL

Project County Name

SULLIVAN

Project State

TN

Project Zip

37620-0001

CD

TN-01

Jobs Reported

26

NAICS Code

451110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

157600.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

159353.03

Forgiveness Date

06/10/2021

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