PPP Loan information for Shear designs ii inc

$15,133

Shear designs ii inc was initially approved for PPP Loan of amount $15,133, the current approved amount is $15,133. The loan was approved on 04/10/2020 by The Benchmark Community Bank reported 5 jobs and $15,133 was used to fund payroll.

Shear designs ii inc is Existing or more than 2 years old

SHEAR DESIGNS II INC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SHEAR DESIGNS II INC

Borrower Address

211 S BROAD ST

Borrower City

KENBRIDGE

Borrower State

VA

Borrower Zip

23944-2058

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15133.20

Current Approval Amount

15133.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73481

Servicing Lender Name

Benchmark Community Bank

Servicing Lender Address

204 S Broad St

Servicing Lender City

KENBRIDGE

Servicing Lender State

VA

Servicing Lender Zip

23944

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KENBRIDGE

Project County Name

LUNENBURG

Project State

VA

Project Zip

23944-2058

CD

VA-05

Jobs Reported

5

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1891.65

Payroll Proceed

11349.90

Mortgage Interest Proceed

0.00

Rent Proceed

1891.65

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73481

Originating Lender

Benchmark Community Bank

Originating Lender City

KENBRIDGE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

15231.05

Forgiveness Date

12/10/2020

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