PPP Loan information for Shelby electric inc.

$7,424

Shelby electric inc. was initially approved for PPP Loan of amount $7,424, the current approved amount is $7,424. The loan was approved on 02/02/2021 by The Springs Valley Bank & Trust Company reported 1 jobs and $7,424 was used to fund payroll.

Shelby electric inc. is Existing or more than 2 years old

PPP Loan Search / IN / Mitchell / Shelby electric inc.

SHELBY ELECTRIC INC.

Date Approved

02/02/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SHELBY ELECTRIC INC.

Borrower Address

588 Burton Cemetery Rd

Borrower City

Mitchell

Borrower State

IN

Borrower Zip

47446-7626

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7424.00

Current Approval Amount

7424.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23165

Servicing Lender Name

Springs Valley Bank & Trust Company

Servicing Lender Address

8482 W State Road 56

Servicing Lender City

FRENCH LICK

Servicing Lender State

IN

Servicing Lender Zip

47432-9619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mitchell

Project County Name

LAWRENCE

Project State

IN

Project Zip

47446-7626

CD

IN-09

Jobs Reported

1

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7424.00

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

23165

Originating Lender

Springs Valley Bank & Trust Company

Originating Lender City

FRENCH LICK

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7492.14

Forgiveness Date

01/06/2022

;