PPP Loan information for Shear dynamics inc

$45,300

Shear dynamics inc was initially approved for PPP Loan of amount $45,300, the current approved amount is $45,300. The loan was approved on 04/04/2020 by The Loan Source Incorporated reported 8 jobs and $45,300 was used to fund payroll.

Shear dynamics inc is Existing or more than 2 years old

PPP Loan Search / MN / WAITE PARK / Shear dynamics inc

SHEAR DYNAMICS INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SHEAR DYNAMICS INC

Borrower Address

65 3RD STREET NE

Borrower City

WAITE PARK

Borrower State

MN

Borrower Zip

56387-1125

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45300.00

Current Approval Amount

45300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAITE PARK

Project County Name

STEARNS

Project State

MN

Project Zip

56387-1125

CD

MN-06

Jobs Reported

8

NAICS Code

812112

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

45300.00

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

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

45756.72

Forgiveness Date

04/14/2021

;