PPP Loan information for Shaw electric inc

$1,826,500

Shaw electric inc was initially approved for PPP Loan of amount $1,826,500, the current approved amount is $1,826,500. The loan was approved on 04/07/2020 by The CBI Bank & Trust reported 123 jobs and $1,826,500 was used to fund payroll.

Shaw electric inc is Existing or more than 2 years old

SHAW ELECTRIC INC

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SHAW ELECTRIC INC

Borrower Address

930 E RIVER DR

Borrower City

DAVENPORT

Borrower State

IA

Borrower Zip

52803-5737

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1826500.00

Current Approval Amount

1826500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25284

Servicing Lender Name

CBI Bank & Trust

Servicing Lender Address

301 Iowa Ave

Servicing Lender City

MUSCATINE

Servicing Lender State

IA

Servicing Lender Zip

52761-3844

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DAVENPORT

Project County Name

SCOTT

Project State

IA

Project Zip

52803-5737

CD

IA-01

Jobs Reported

123

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1826500.00

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

Subchapter S Corporation

Originating Lender Location Id

25284

Originating Lender

CBI Bank & Trust

Originating Lender City

MUSCATINE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1846997.39

Forgiveness Date

05/26/2021

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