PPP Loan information for Shear color printing, inc

$175,000

Shear color printing, inc was initially approved for PPP Loan of amount $175,000, the current approved amount is $175,000. The loan was approved on 04/28/2020 by The River Works CU reported 16 jobs and $175,000 was used to fund payroll.

Shear color printing, inc is Existing or more than 2 years old

SHEAR COLOR PRINTING, INC

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SHEAR COLOR PRINTING, INC

Borrower Address

30-D 6TH RD

Borrower City

WOBURN

Borrower State

MA

Borrower Zip

01801-1758

Loan Status Date

06/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175000.00

Current Approval Amount

175000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98341

Servicing Lender Name

River Works CU

Servicing Lender Address

943-947 Western Ave

Servicing Lender City

LYNN

Servicing Lender State

MA

Servicing Lender Zip

01905-2640

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOBURN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01801-1758

CD

MA-05

Jobs Reported

16

NAICS Code

323111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

175000.00

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

98341

Originating Lender

River Works CU

Originating Lender City

LYNN

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

176254.17

Forgiveness Date

01/20/2021

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