PPP Loan information for Shears concrete

$30,400

Shears concrete was initially approved for PPP Loan of amount $30,400, the current approved amount is $30,400. The loan was approved on 04/28/2020 by The 1st Source Bank reported 4 jobs and $30,400 was used to fund payroll.

Shears concrete is Existing or more than 2 years old

SHEARS CONCRETE

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SHEARS CONCRETE

Borrower Address

973 N State RD

Borrower City

Valparaiso

Borrower State

IN

Borrower Zip

46385

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30400.00

Current Approval Amount

30400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Valparaiso

Project County Name

PORTER

Project State

IN

Project Zip

46385-0001

CD

IN-01

Jobs Reported

4

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

30400.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

30611.11

Forgiveness Date

01/07/2021

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