PPP Loan information for Shamel, inc

$78,000

Shamel, inc was initially approved for PPP Loan of amount $78,000, the current approved amount is $78,000. The loan was approved on 04/08/2020 by The Farmers & Merchants Bank reported 29 jobs and $78,000 was used to fund payroll.

Shamel, inc is Existing or more than 2 years old

PPP Loan Search / VA / BROADWAY / Shamel, inc

SHAMEL, INC

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SHAMEL, INC

Borrower Address

11713 Wampler Road

Borrower City

BROADWAY

Borrower State

VA

Borrower Zip

22815-3130

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78000.00

Current Approval Amount

78000.00

Undisbursed Amount

0.00

Franchise Name

Subway

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

29

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

78000.00

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

78576.33

Forgiveness Date

01/08/2021

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