PPP Loan information for Shear encounter, ltd.

$74,020

Shear encounter, ltd. was initially approved for PPP Loan of amount $74,020, the current approved amount is $74,020. The loan was approved on 04/09/2020 by The Community Bank of Elmhurst reported 6 jobs and $74,020 was used to fund payroll.

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

SHEAR ENCOUNTER, LTD.

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SHEAR ENCOUNTER, LTD.

Borrower Address

689 S YORK ST

Borrower City

ELMHURST

Borrower State

IL

Borrower Zip

60126-4436

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74020.00

Current Approval Amount

74020.00

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

6

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3701.00

Payroll Proceed

66618.00

Mortgage Interest Proceed

0.00

Rent Proceed

3701.00

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

74581.74

Forgiveness Date

01/20/2021

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