PPP Loan information for Shields construction company

$868,689

Shields construction company was initially approved for PPP Loan of amount $165,200, the current approved amount is $868,689. The loan was approved on 04/11/2020 by The Truist Bank reported 51 jobs and $868,689 was used to fund payroll.

Shields construction company is Existing or more than 2 years old

SHIELDS CONSTRUCTION COMPANY

Date Approved

04/11/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

SHIELDS CONSTRUCTION COMPANY

Borrower Address

1615 West Chester Pike

Borrower City

WEST CHESTER

Borrower State

PA

Borrower Zip

19382-6223

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

165200.00

Current Approval Amount

868688.54

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST CHESTER

Project County Name

CHESTER

Project State

PA

Project Zip

19382-6223

CD

PA-06

Jobs Reported

51

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

868688.54

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

873731.76

Forgiveness Date

11/24/2020

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