PPP Loan information for Shear renewal inc

$53,695

Shear renewal inc was initially approved for PPP Loan of amount $53,695, the current approved amount is $53,695. The loan was approved on 04/28/2020 by The Midland States Bank reported 9 jobs and $53,695 was used to fund payroll.

Shear renewal inc is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / Shear renewal inc

SHEAR RENEWAL INC

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SHEAR RENEWAL INC

Borrower Address

2209 E State St

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61104

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53695.00

Current Approval Amount

53695.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21299

Servicing Lender Name

Midland States Bank

Servicing Lender Address

110 S. 5th St

Servicing Lender City

EFFINGHAM

Servicing Lender State

IL

Servicing Lender Zip

62401-2453

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61104-1000

CD

IL-17

Jobs Reported

9

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1695.00

Payroll Proceed

52000.00

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

Subchapter S Corporation

Originating Lender Location Id

21299

Originating Lender

Midland States Bank

Originating Lender City

EFFINGHAM

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

45947.89

Forgiveness Date

11/19/2020

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