PPP Loan information for Shimal inc

$144,899

Shimal inc was initially approved for PPP Loan of amount $144,899, the current approved amount is $144,899. The loan was approved on 05/01/2020 by The Home Bank, SB reported 39 jobs and $144,899 was used to fund payroll.

Shimal inc is Existing or more than 2 years old

PPP Loan Search / IN / NEW WHITELAND / Shimal inc

SHIMAL INC

Date Approved

05/01/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SHIMAL INC

Borrower Address

321 N US HIGHWAY 31

Borrower City

NEW WHITELAND

Borrower State

IN

Borrower Zip

46184

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

144899.45

Current Approval Amount

144899.45

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84421

Servicing Lender Name

Home Bank, SB

Servicing Lender Address

59 W Washington St

Servicing Lender City

MARTINSVILLE

Servicing Lender State

IN

Servicing Lender Zip

46151-4521

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW WHITELAND

Project County Name

JOHNSON

Project State

IN

Project Zip

46184-0001

CD

IN-06

Jobs Reported

39

NAICS Code

722513

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7772.14

Payroll Proceed

137127.31

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

84421

Originating Lender

Home Bank, SB

Originating Lender City

MARTINSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

146018.40

Forgiveness Date

02/11/2021

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