PPP Loan information for Shear investments inc.

$478,060

Shear investments inc. was initially approved for PPP Loan of amount $478,060, the current approved amount is $478,060. The loan was approved on 02/19/2021 by The Bank of Oak Ridge reported 55 jobs and $478,060 was used to fund payroll.

Shear investments inc. is Existing or more than 2 years old

SHEAR INVESTMENTS INC.

Date Approved

02/19/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

SHEAR INVESTMENTS INC.

Borrower Address

3318 Van Allen Cir

Borrower City

Greensboro

Borrower State

NC

Borrower Zip

27410-9074

Loan Status Date

04/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

478060.00

Current Approval Amount

478060.00

Undisbursed Amount

0.00

Franchise Name

Great Clips

Servicing Lender Location Id

124488

Servicing Lender Name

Bank of Oak Ridge

Servicing Lender Address

2211 Oak Ridge Rd

Servicing Lender City

OAK RIDGE

Servicing Lender State

NC

Servicing Lender Zip

27310-9619

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Greensboro

Project County Name

GUILFORD

Project State

NC

Project Zip

27410-9074

CD

NC-06

Jobs Reported

55

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

478055.00

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

124488

Originating Lender

Bank of Oak Ridge

Originating Lender City

OAK RIDGE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

482800.76

Forgiveness Date

02/22/2022

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