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 04/27/2020 by The Guaranty Bank & Trust, National Association reported 61 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

04/27/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

SHANCO INSULATION, INC.

Borrower Address

2879 State Hwy 322

Borrower City

Longview

Borrower State

TX

Borrower Zip

75603

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Longview

Project County Name

GREGG

Project State

TX

Project Zip

75603-0001

CD

TX-01

Jobs Reported

61

NAICS Code

238290

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

688865.08

Forgiveness Date

11/03/2020

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