PPP Loan information for Shell machine works inc

$350,000

Shell machine works inc was initially approved for PPP Loan of amount $350,000, the current approved amount is $350,000. The loan was approved on 03/16/2021 by The Frost Bank reported 11 jobs and $350,000 was used to fund payroll.

Shell machine works inc is Existing or more than 2 years old

SHELL MACHINE WORKS INC

Date Approved

03/16/2021

SBA Office Code

0639

Processing Method

PPS

Borrower Name

SHELL MACHINE WORKS INC

Borrower Address

5317 Agnes St

Borrower City

Corpus Christi

Borrower State

TX

Borrower Zip

78405-3709

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

350000.00

Current Approval Amount

350000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71783

Servicing Lender Name

Frost Bank

Servicing Lender Address

111 W Houston St

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78205-1414

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Corpus Christi

Project County Name

NUECES

Project State

TX

Project Zip

78405-3709

CD

TX-27

Jobs Reported

11

NAICS Code

332710

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

349998.00

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

71783

Originating Lender

Frost Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

352895.89

Forgiveness Date

01/13/2022

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