PPP Loan information for Shamel inc

$97,471

Shamel inc was initially approved for PPP Loan of amount $97,471, the current approved amount is $97,471. The loan was approved on 01/21/2021 by The Farmers & Merchants Bank reported 26 jobs and $97,471 was used to fund payroll.

Shamel inc is Existing or more than 2 years old

SHAMEL INC

Date Approved

01/21/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

SHAMEL INC

Borrower Address

11713 Wampler Rd

Borrower City

Broadway

Borrower State

VA

Borrower Zip

22815-3130

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

97471.00

Current Approval Amount

97471.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73976

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

165 New Market Rd

Servicing Lender City

TIMBERVILLE

Servicing Lender State

VA

Servicing Lender Zip

22853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Broadway

Project County Name

ROCKINGHAM

Project State

VA

Project Zip

22815-3130

CD

VA-06

Jobs Reported

26

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

97469.00

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

73976

Originating Lender

Farmers & Merchants Bank

Originating Lender City

TIMBERVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98077.49

Forgiveness Date

09/09/2021

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