PPP Loan information for Shear madness inc

$590,526

Shear madness inc was initially approved for PPP Loan of amount $590,526, the current approved amount is $590,526. The loan was approved on 02/12/2021 by The Loan Source Incorporated reported 110 jobs and $590,526 was used to fund payroll.

Shear madness inc is Existing or more than 2 years old

PPP Loan Search / NC / Davidson / Shear madness inc

SHEAR MADNESS INC

Date Approved

02/12/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

SHEAR MADNESS INC

Borrower Address

18701 Maplecroft Lake Ln

Borrower City

Davidson

Borrower State

NC

Borrower Zip

28036-8830

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

590525.87

Current Approval Amount

590525.87

Undisbursed Amount

0.00

Franchise Name

Great Clips

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Davidson

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28036-8830

CD

NC-12

Jobs Reported

110

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

590524.87

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

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

597143.00

Forgiveness Date

04/11/2022

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