PPP Loan information for Shaftmasters inc

$63,900

Shaftmasters inc was initially approved for PPP Loan of amount $63,900, the current approved amount is $63,900. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 4 jobs and $63,900 was used to fund payroll.

Shaftmasters inc is New Business or 2 years or less

SHAFTMASTERS INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SHAFTMASTERS INC

Borrower Address

1668 JOHN A PAPALAS DR

Borrower City

LINCOLN PARK

Borrower State

MI

Borrower Zip

48146-1462

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63900.00

Current Approval Amount

63900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LINCOLN PARK

Project County Name

WAYNE

Project State

MI

Project Zip

48146-1462

CD

MI-13

Jobs Reported

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

63900.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

59802.02

Forgiveness Date

05/06/2021

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