Date Approved
03/20/2021
SBA Office Code
1084
Processing Method
PPP
Borrower Name
SHEAR MAGIC INC.
Borrower Address
2417 Tongass Ave Ste 216
Borrower City
Ketchikan
Borrower State
AK
Borrower Zip
99901-5969
Loan Status Date
10/09/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
64220.20
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
3501
Servicing Lender Name
First Bank
Servicing Lender Address
2030 Sea level Dr Ste 300
Servicing Lender City
KETCHIKAN
Servicing Lender State
Servicing Lender Zip
99901-6440
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KETCHIKAN GATEWAY
Project State
Project Zip
CD
AK-
Jobs Reported
12
NAICS Code
812112
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
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
64473.56
Forgiveness Date
08/17/2021