PPP Loan information for Shearform inc

$48,797

Shearform inc was initially approved for PPP Loan of amount $48,797, the current approved amount is $48,797. The loan was approved on 05/11/2020 by The Wells Fargo Bank, National Association reported 5 jobs and $48,797 was used to fund payroll.

Shearform inc is Existing or more than 2 years old

SHEARFORM INC

Date Approved

05/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SHEARFORM INC

Borrower Address

655 FERRY STREET

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07105

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48797.00

Current Approval Amount

48797.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

ESSEX

Project State

NJ

Project Zip

07105-0001

CD

NJ-08

Jobs Reported

5

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48797.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49358.50

Forgiveness Date

07/28/2021

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