PPP Loan information for Shaw electric co

$3,865,122

Shaw electric co was initially approved for PPP Loan of amount $3,865,122, the current approved amount is $3,865,122. The loan was approved on 04/15/2020 by The Bank of America, National Association reported 155 jobs and $3,865,122 was used to fund payroll.

Shaw electric co is Unanswered

PPP Loan Search / MI / SOUTHFIELD / Shaw electric co

SHAW ELECTRIC CO

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SHAW ELECTRIC CO

Borrower Address

22100 TELEGRAPH RD

Borrower City

SOUTHFIELD

Borrower State

MI

Borrower Zip

48033-4213

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3865122.00

Current Approval Amount

3865122.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

SOUTHFIELD

Project County Name

OAKLAND

Project State

MI

Project Zip

48033-4213

CD

MI-12

Jobs Reported

155

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3865122.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3915421.53

Forgiveness Date

08/06/2021

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