PPP Loan information for Shallenberger enterprises inc

$2,000,000

Shallenberger enterprises inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/25/2021 by The Somerset Trust Company reported 180 jobs and $2,000,000 was used to fund payroll.

Shallenberger enterprises inc is Existing or more than 2 years old

SHALLENBERGER ENTERPRISES INC

Date Approved

03/25/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

SHALLENBERGER ENTERPRISES INC

Borrower Address

195 Enterprise Ln

Borrower City

Connellsville

Borrower State

PA

Borrower Zip

15425-6617

Loan Status Date

08/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65337

Servicing Lender Name

Somerset Trust Company

Servicing Lender Address

151 W Main St

Servicing Lender City

SOMERSET

Servicing Lender State

PA

Servicing Lender Zip

15501-2041

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Connellsville

Project County Name

FAYETTE

Project State

PA

Project Zip

15425-6617

CD

PA-14

Jobs Reported

180

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

65337

Originating Lender

Somerset Trust Company

Originating Lender City

SOMERSET

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2025534.25

Forgiveness Date

07/11/2022

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