PPP Loan information for Shanecon inc

$85,600

Shanecon inc was initially approved for PPP Loan of amount $87,000, the current approved amount is $85,600. The loan was approved on 04/11/2020 by The Platinum Bank reported 5 jobs and $85,600 was used to fund payroll.

Shanecon inc is Existing or more than 2 years old

SHANECON INC

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SHANECON INC

Borrower Address

11900 VALLEY CREEK RD

Borrower City

Woodbury

Borrower State

MN

Borrower Zip

55129-9495

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87000.00

Current Approval Amount

85600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

446001

Servicing Lender Name

Platinum Bank

Servicing Lender Address

7667 10th St N

Servicing Lender City

OAKDALE

Servicing Lender State

MN

Servicing Lender Zip

55128-5339

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Woodbury

Project County Name

WASHINGTON

Project State

MN

Project Zip

55129-9495

CD

MN-04

Jobs Reported

5

NAICS Code

236118

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

85600.00

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

446001

Originating Lender

Platinum Bank

Originating Lender City

OAKDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

86228.52

Forgiveness Date

01/07/2021

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