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 04/08/2020 by The LifeStore Bank reported 30 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

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SHATLEY CONSTRUCTION CO, INC

Borrower Address

515 Clarence Lyall Rd

Borrower City

West Jefferson

Borrower State

NC

Borrower Zip

28694

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

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

28694-0001

CD

NC-05

Jobs Reported

30

NAICS Code

236116

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

17266.50

Payroll Proceed

138132.00

Mortgage Interest Proceed

17266.50

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

174075.10

Forgiveness Date

02/09/2021

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