PPP Loan information for Shear madness inc

$480,220

Shear madness inc was initially approved for PPP Loan of amount $480,220, the current approved amount is $480,220. The loan was approved on 05/01/2020 by The Cross River Bank reported 33 jobs and $480,220 was used to fund payroll.

Shear madness inc is Existing or more than 2 years old

SHEAR MADNESS INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SHEAR MADNESS INC

Borrower Address

18701 maplecroft lake ln

Borrower City

davidson

Borrower State

NC

Borrower Zip

28036

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

480220.00

Current Approval Amount

480220.00

Undisbursed Amount

0.00

Franchise Name

Great Clips

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

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

28036-0001

CD

NC-12

Jobs Reported

33

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

480220.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

485114.30

Forgiveness Date

05/20/2021

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