PPP Loan information for Shear power inc

$32,268

Shear power inc was initially approved for PPP Loan of amount $32,268, the current approved amount is $32,268. The loan was approved on 01/21/2021 by The Bank of Charles Town reported 7 jobs and $32,268 was used to fund payroll.

Shear power inc is Existing or more than 2 years old

PPP Loan Search / WV / Ranson / Shear power inc

SHEAR POWER INC

Date Approved

01/21/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

SHEAR POWER INC

Borrower Address

600 N Mildred St

Borrower City

Ranson

Borrower State

WV

Borrower Zip

25438-1530

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

32267.50

Current Approval Amount

32267.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75098

Servicing Lender Name

Bank of Charles Town

Servicing Lender Address

111 E Washington St

Servicing Lender City

CHARLES TOWN

Servicing Lender State

WV

Servicing Lender Zip

25414-1071

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ranson

Project County Name

JEFFERSON

Project State

WV

Project Zip

25438-1530

CD

WV-02

Jobs Reported

7

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

32262.50

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

75098

Originating Lender

Bank of Charles Town

Originating Lender City

CHARLES TOWN

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

32607.21

Forgiveness Date

02/10/2022

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