PPP Loan information for Shemore construction inc

$579,248

Shemore construction inc was initially approved for PPP Loan of amount $340,102, the current approved amount is $579,248. The loan was approved on 05/16/2020 by The Bank of America, National Association reported 20 jobs and $579,248 was used to fund payroll.

Shemore construction inc is Existing or more than 2 years old

SHEMORE CONSTRUCTION INC

Date Approved

05/16/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

SHEMORE CONSTRUCTION INC

Borrower Address

212 DUNWOODIE ST

Borrower City

YONKERS

Borrower State

NY

Borrower Zip

10704-1838

Loan Status Date

06/13/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

340102.00

Current Approval Amount

579248.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

YONKERS

Project County Name

WESTCHESTER

Project State

NY

Project Zip

10704-1838

CD

NY-16

Jobs Reported

20

NAICS Code

236117

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

579248.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

351527.91

Forgiveness Date

01/20/2023

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