PPP Loan information for Shift, inc

$491,742

Shift, inc was initially approved for PPP Loan of amount $491,742, the current approved amount is $491,742. The loan was approved on 04/10/2020 by The Sandy Spring Bank reported 18 jobs and $491,742 was used to fund payroll.

Shift, inc is Existing or more than 2 years old

SHIFT, INC

Date Approved

04/10/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SHIFT, INC

Borrower Address

1407 Fleet Street Suite 200

Borrower City

BALTIMORE

Borrower State

MD

Borrower Zip

21231-2820

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

491742.00

Current Approval Amount

491742.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BALTIMORE

Project County Name

BALTIMORE CITY

Project State

MD

Project Zip

21231-2820

CD

MD-07

Jobs Reported

18

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

491742.00

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

Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

497050.12

Forgiveness Date

05/21/2021

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