PPP Loan information for Shalanda bank

$18,475

Shalanda bank was initially approved for PPP Loan of amount $18,475, the current approved amount is $18,475. The loan was approved on 02/24/2021 by The Cross River Bank reported 1 jobs and $18,475 was used to fund payroll.

Shalanda bank is Existing or more than 2 years old

SHALANDA BANK

Date Approved

02/24/2021

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SHALANDA BANK

Borrower Address

4170 Destin Dr

Borrower City

Olive Branch

Borrower State

MS

Borrower Zip

38654-8645

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18475.00

Current Approval Amount

18475.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Olive Branch

Project County Name

DESOTO

Project State

MS

Project Zip

38654-8645

CD

MS-01

Jobs Reported

1

NAICS Code

812990

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

18470.00

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

Self-Employed Individuals

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18583.83

Forgiveness Date

09/29/2021

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