PPP Loan information for Shelby engineering solutions inc

$315,772

Shelby engineering solutions inc was initially approved for PPP Loan of amount $315,772, the current approved amount is $315,772. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 37 jobs and $315,772 was used to fund payroll.

Shelby engineering solutions inc is New Business or 2 years or less

SHELBY ENGINEERING SOLUTIONS INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SHELBY ENGINEERING SOLUTIONS INC

Borrower Address

53057 PROVIDENCE DR

Borrower City

SHELBY TOWNSHIP

Borrower State

MI

Borrower Zip

48316-2659

Loan Status Date

11/19/2021

Loan Status

Charged Off

Term

4

SBA Guaranty Percentage

100

Initial Approval Amount

315772.00

Current Approval Amount

315772.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SHELBY TOWNSHIP

Project County Name

MACOMB

Project State

MI

Project Zip

48316-2659

CD

MI-10

Jobs Reported

37

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

315772.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;