PPP Loan information for Shear encounter ltd.

$74,003

Shear encounter ltd. was initially approved for PPP Loan of amount $74,003, the current approved amount is $74,003. The loan was approved on 01/17/2021 by The Community Bank of Elmhurst reported 7 jobs and $74,003 was used to fund payroll.

Shear encounter ltd. is Existing or more than 2 years old

SHEAR ENCOUNTER LTD.

Date Approved

01/17/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

SHEAR ENCOUNTER LTD.

Borrower Address

689 S York St

Borrower City

Elmhurst

Borrower State

IL

Borrower Zip

60126-4436

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

74002.50

Current Approval Amount

74002.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118126

Servicing Lender Name

Community Bank of Elmhurst

Servicing Lender Address

330 W Butterfield Rd

Servicing Lender City

ELMHURST

Servicing Lender State

IL

Servicing Lender Zip

60126-5009

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elmhurst

Project County Name

DUPAGE

Project State

IL

Project Zip

60126-4436

CD

IL-04

Jobs Reported

7

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

74000.50

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

118126

Originating Lender

Community Bank of Elmhurst

Originating Lender City

ELMHURST

Originating Lender State

IL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

74655.34

Forgiveness Date

12/14/2021

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