PPP Loan information for Shroff investments inc

$977,100

Shroff investments inc was initially approved for PPP Loan of amount $977,100, the current approved amount is $977,100. The loan was approved on 02/19/2021 by The United Bank reported 179 jobs and $977,100 was used to fund payroll.

Shroff investments inc is Existing or more than 2 years old

SHROFF INVESTMENTS INC

Date Approved

02/19/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

SHROFF INVESTMENTS INC

Borrower Address

9654 N Kings Hwy

Borrower City

Myrtle Beach

Borrower State

SC

Borrower Zip

29572-4040

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

977100.00

Current Approval Amount

977100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Myrtle Beach

Project County Name

HORRY

Project State

SC

Project Zip

29572-4040

CD

SC-07

Jobs Reported

179

NAICS Code

721199

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

977094.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

983993.98

Forgiveness Date

11/10/2021

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