PPP Loan information for Shear investments, inc.

$504,300

Shear investments, inc. was initially approved for PPP Loan of amount $504,300, the current approved amount is $504,300. The loan was approved on 04/05/2020 by The Bank of Oak Ridge reported 64 jobs and $504,300 was used to fund payroll.

Shear investments, inc. is New Business or 2 years or less

SHEAR INVESTMENTS, INC.

Date Approved

04/05/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SHEAR INVESTMENTS, INC.

Borrower Address

3318 Van Allen Circle

Borrower City

GREENSBORO

Borrower State

NC

Borrower Zip

27410-9074

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

504300.00

Current Approval Amount

504300.00

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

New Business or 2 years or less

Project City

GREENSBORO

Project County Name

GUILFORD

Project State

NC

Project Zip

27410-9074

CD

NC-06

Jobs Reported

64

NAICS Code

812111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

504300.00

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

511066.02

Forgiveness Date

08/10/2021

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