Date Approved
01/20/2021
SBA Office Code
0562
Processing Method
PPS
Borrower Name
SHEAR DESIGNS INC
Borrower Address
327 N Halleck St
Borrower City
Demotte
Borrower State
IN
Borrower Zip
46310-8670
Loan Status Date
07/14/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
24942.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
23051
Servicing Lender Name
DeMotte State Bank
Servicing Lender Address
210 S Halleck St
Servicing Lender City
DEMOTTE
Servicing Lender State
Servicing Lender Zip
46310-9595
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
JASPER
Project State
Project Zip
CD
IN-04
Jobs Reported
4
NAICS Code
812112
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
24936.50
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
25035.44
Forgiveness Date
06/15/2021