PPP Loan information for Shatley construction co inc

$172,665

Shatley construction co inc was initially approved for PPP Loan of amount $172,665, the current approved amount is $172,665. The loan was approved on 02/20/2021 by The LifeStore Bank reported 25 jobs and $172,665 was used to fund payroll.

Shatley construction co inc is Existing or more than 2 years old

SHATLEY CONSTRUCTION CO INC

Date Approved

02/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

SHATLEY CONSTRUCTION CO INC

Borrower Address

515 Clarence Lyall Rd

Borrower City

West Jefferson

Borrower State

NC

Borrower Zip

28694-7162

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

172665.00

Current Approval Amount

172665.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88741

Servicing Lender Name

LifeStore Bank

Servicing Lender Address

205 S Jefferson Ave

Servicing Lender City

WEST JEFFERSON

Servicing Lender State

NC

Servicing Lender Zip

28694-9737

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Jefferson

Project County Name

ASHE

Project State

NC

Project Zip

28694-7162

CD

NC-05

Jobs Reported

25

NAICS Code

236116

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

172662.00

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

88741

Originating Lender

LifeStore Bank

Originating Lender City

WEST JEFFERSON

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

173437.20

Forgiveness Date

08/04/2021

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