PPP Loan information for Shankar inc.

$36,834

Shankar inc. was initially approved for PPP Loan of amount $36,834, the current approved amount is $36,834. The loan was approved on 01/20/2021 by The River Bank & Trust reported 6 jobs and $36,834 was used to fund payroll.

Shankar inc. is Existing or more than 2 years old

SHANKAR INC.

Date Approved

01/20/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SHANKAR INC.

Borrower Address

4225 US Highway 231

Borrower City

Wetumpka

Borrower State

AL

Borrower Zip

36093-1238

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

36834.00

Current Approval Amount

36834.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440693

Servicing Lender Name

River Bank & Trust

Servicing Lender Address

2611 Legends Dr

Servicing Lender City

PRATTVILLE

Servicing Lender State

AL

Servicing Lender Zip

36066-7761

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wetumpka

Project County Name

ELMORE

Project State

AL

Project Zip

36093-1238

CD

AL-02

Jobs Reported

6

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

36834.00

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

440693

Originating Lender

River Bank & Trust

Originating Lender City

PRATTVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

37112.30

Forgiveness Date

10/27/2021

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