PPP Loan information for Shields inc

$60,594

Shields inc was initially approved for PPP Loan of amount $60,594, the current approved amount is $60,594. The loan was approved on 05/26/2020 by The Northwest Bank reported 20 jobs and $60,594 was used to fund payroll.

Shields inc is Existing or more than 2 years old

SHIELDS INC

Date Approved

05/26/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SHIELDS INC

Borrower Address

981 A Street NW

Borrower City

LINTON

Borrower State

IN

Borrower Zip

47441

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60594.00

Current Approval Amount

60594.00

Undisbursed Amount

0.00

Franchise Name

Ace Hardware

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LINTON

Project County Name

GREENE

Project State

IN

Project Zip

47441-0001

CD

IN-08

Jobs Reported

20

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

60594.00

Payroll Proceed

0.00

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

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

61017.33

Forgiveness Date

02/16/2021

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