PPP Loan information for Shanco insulation inc.

$685,400

Shanco insulation inc. was initially approved for PPP Loan of amount $685,400, the current approved amount is $685,400. The loan was approved on 02/05/2021 by The Guaranty Bank & Trust, National Association reported 62 jobs and $685,400 was used to fund payroll.

Shanco insulation inc. is Existing or more than 2 years old

SHANCO INSULATION INC.

Date Approved

02/05/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

SHANCO INSULATION INC.

Borrower Address

2879 State Highway 322

Borrower City

Longview

Borrower State

TX

Borrower Zip

75603-7044

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

685400.00

Current Approval Amount

685400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71476

Servicing Lender Name

Guaranty Bank & Trust, National Association

Servicing Lender Address

100 W Arkansas

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

TX

Servicing Lender Zip

75455-4420

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Longview

Project County Name

RUSK

Project State

TX

Project Zip

75603-7044

CD

TX-01

Jobs Reported

62

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

685400.00

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

71476

Originating Lender

Guaranty Bank & Trust, National Association

Originating Lender City

MOUNT PLEASANT

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

689362.18

Forgiveness Date

09/08/2021

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