PPP Loan information for Shallow bay llc

$44,205

Shallow bay llc was initially approved for PPP Loan of amount $44,205, the current approved amount is $44,205. The loan was approved on 05/08/2020 by The Farmers & Merchants Bank reported 7 jobs and $44,205 was used to fund payroll.

Shallow bay llc is Existing or more than 2 years old

PPP Loan Search / NC / KANNAPOLIS / Shallow bay llc

SHALLOW BAY LLC

Date Approved

05/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SHALLOW BAY LLC

Borrower Address

1903 S MAIN ST

Borrower City

KANNAPOLIS

Borrower State

NC

Borrower Zip

28081-7111

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44205.00

Current Approval Amount

44205.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50827

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

138 N Salisbury Ave

Servicing Lender City

GRANITE QUARRY

Servicing Lender State

NC

Servicing Lender Zip

28146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KANNAPOLIS

Project County Name

CABARRUS

Project State

NC

Project Zip

28081-7111

CD

NC-12

Jobs Reported

7

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

44205.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

50827

Originating Lender

Farmers & Merchants Bank

Originating Lender City

GRANITE QUARRY

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

44834.92

Forgiveness Date

10/19/2021

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