PPP Loan information for Sherwood industries inc.

$1,262,752

Sherwood industries inc. was initially approved for PPP Loan of amount $1,262,752, the current approved amount is $1,262,752. The loan was approved on 03/25/2021 by The Manufacturers and Traders Trust Company reported 97 jobs and $1,262,752 was used to fund payroll.

Sherwood industries inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Lawrenceville / Sherwood industries inc.

SHERWOOD INDUSTRIES INC.

Date Approved

03/25/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

SHERWOOD INDUSTRIES INC.

Borrower Address

1333 Brunswick Ave

Borrower City

Lawrenceville

Borrower State

NJ

Borrower Zip

08648-4502

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1262752.00

Current Approval Amount

1262752.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lawrenceville

Project County Name

MERCER

Project State

NJ

Project Zip

08648-4502

CD

NJ-03

Jobs Reported

97

NAICS Code

423510

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1262751.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1269532.81

Forgiveness Date

10/26/2021

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