PPP Loan information for Shaver preferred motors, inc.

$225,500

Shaver preferred motors, inc. was initially approved for PPP Loan of amount $225,500, the current approved amount is $225,500. The loan was approved on 04/09/2020 by The Peoples Bank reported 19 jobs and $225,500 was used to fund payroll.

Shaver preferred motors, inc. is Existing or more than 2 years old

PPP Loan Search / IN / MERRILLVILLE / Shaver preferred motors, inc.

SHAVER PREFERRED MOTORS, INC.

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SHAVER PREFERRED MOTORS, INC.

Borrower Address

5701 Broadway

Borrower City

MERRILLVILLE

Borrower State

IN

Borrower Zip

46410-2636

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

225500.00

Current Approval Amount

225500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81983

Servicing Lender Name

Peoples Bank

Servicing Lender Address

9204 Columbia Ave

Servicing Lender City

MUNSTER

Servicing Lender State

IN

Servicing Lender Zip

46321-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MERRILLVILLE

Project County Name

LAKE

Project State

IN

Project Zip

46410-2636

CD

IN-01

Jobs Reported

19

NAICS Code

441120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

180500.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

81983

Originating Lender

Peoples Bank

Originating Lender City

MUNSTER

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

227396.67

Forgiveness Date

02/19/2021

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