PPP Loan information for Shelby diesel & machine repair, inc.

$55,800

Shelby diesel & machine repair, inc. was initially approved for PPP Loan of amount $55,800, the current approved amount is $55,800. The loan was approved on 04/28/2020 by The Stock Yards Bank & Trust Company reported 5 jobs and $55,800 was used to fund payroll.

Shelby diesel & machine repair, inc. is Existing or more than 2 years old

SHELBY DIESEL & MACHINE REPAIR, INC.

Date Approved

04/28/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

SHELBY DIESEL & MACHINE REPAIR, INC.

Borrower Address

1000 MCCORMACK RD

Borrower City

WADDY

Borrower State

KY

Borrower Zip

40076-5014

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55800.00

Current Approval Amount

55800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27569

Servicing Lender Name

Stock Yards Bank & Trust Company

Servicing Lender Address

1040 E Main St

Servicing Lender City

LOUISVILLE

Servicing Lender State

KY

Servicing Lender Zip

40206-1856

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WADDY

Project County Name

SHELBY

Project State

KY

Project Zip

40076-5014

CD

KY-04

Jobs Reported

5

NAICS Code

541214

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1014.00

Payroll Proceed

53462.00

Mortgage Interest Proceed

0.00

Rent Proceed

1324.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

27569

Originating Lender

Stock Yards Bank & Trust Company

Originating Lender City

LOUISVILLE

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56148.75

Forgiveness Date

12/17/2020

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