PPP Loan information for Shelby industries inc

$52,412

Shelby industries inc was initially approved for PPP Loan of amount $52,412, the current approved amount is $52,412. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 5 jobs and $52,412 was used to fund payroll.

Shelby industries inc is Existing or more than 2 years old

PPP Loan Search / MI / SHELBY TWP / Shelby industries inc

SHELBY INDUSTRIES INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SHELBY INDUSTRIES INC

Borrower Address

15002 TECHNOLOGY DR

Borrower City

SHELBY TWP

Borrower State

MI

Borrower Zip

48315

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52412.00

Current Approval Amount

52412.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SHELBY TWP

Project County Name

MACOMB

Project State

MI

Project Zip

48315-0899

CD

MI-10

Jobs Reported

5

NAICS Code

339999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1500.00

Payroll Proceed

36352.00

Mortgage Interest Proceed

0.00

Rent Proceed

10800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2910.00

Debt Interest Proceed

850

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52885.69

Forgiveness Date

03/30/2021

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