PPP Loan information for Shelby steel processing

$124,813

Shelby steel processing was initially approved for PPP Loan of amount $124,813, the current approved amount is $124,813. The loan was approved on 04/15/2020 by The Credit Union One reported 13 jobs and $124,813 was used to fund payroll.

Shelby steel processing is Existing or more than 2 years old

PPP Loan Search / MI / RIVER ROUGE / Shelby steel processing

SHELBY STEEL PROCESSING

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SHELBY STEEL PROCESSING

Borrower Address

40 HALTINER ST

Borrower City

RIVER ROUGE

Borrower State

MI

Borrower Zip

48218-1259

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124813.10

Current Approval Amount

124813.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98922

Servicing Lender Name

Credit Union One

Servicing Lender Address

400 E 9 Mile Rd

Servicing Lender City

FERNDALE

Servicing Lender State

MI

Servicing Lender Zip

48220-1774

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RIVER ROUGE

Project County Name

WAYNE

Project State

MI

Project Zip

48218-1259

CD

MI-13

Jobs Reported

13

NAICS Code

331513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

31203.28

Payroll Proceed

93609.82

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

Limited Liability Company(LLC)

Originating Lender Location Id

98922

Originating Lender

Credit Union One

Originating Lender City

FERNDALE

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

125972.32

Forgiveness Date

04/20/2021

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