PPP Loan information for Shanco international inc

$179,825

Shanco international inc was initially approved for PPP Loan of amount $179,825, the current approved amount is $179,825. The loan was approved on 03/06/2021 by The Cross River Bank reported 8 jobs and $179,825 was used to fund payroll.

Shanco international inc is Existing or more than 2 years old

PPP Loan Search / NJ / SOMERSET / Shanco international inc

SHANCO INTERNATIONAL INC

Date Approved

03/06/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

SHANCO INTERNATIONAL INC

Borrower Address

14 WORLD FAIR DRIVE UNIT L

Borrower City

SOMERSET

Borrower State

NJ

Borrower Zip

08873

Loan Status Date

08/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

179825.00

Current Approval Amount

179825.00

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

SOMERSET

Project County Name

SOMERSET

Project State

NJ

Project Zip

08873

CD

NJ-06

Jobs Reported

8

NAICS Code

425120

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

179822.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

182278.50

Forgiveness Date

07/25/2022

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