PPP Loan information for Shively motors inc

$746,719

Shively motors inc was initially approved for PPP Loan of amount $592,228, the current approved amount is $746,719. The loan was approved on 04/07/2020 by The Farmers and Merchants Trust Company of Chambersburg reported 59 jobs and $746,719 was used to fund payroll.

Shively motors inc is Existing or more than 2 years old

SHIVELY MOTORS INC

Date Approved

04/07/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

SHIVELY MOTORS INC

Borrower Address

801 LINCOLN WAY W

Borrower City

CHAMBERSBURG

Borrower State

PA

Borrower Zip

17202-1900

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

592227.92

Current Approval Amount

746719.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59936

Servicing Lender Name

Farmers and Merchants Trust Company of Chambersburg

Servicing Lender Address

20 S Main St

Servicing Lender City

CHAMBERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17201-2202

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHAMBERSBURG

Project County Name

FRANKLIN

Project State

PA

Project Zip

17202-1900

CD

PA-13

Jobs Reported

59

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

149343.00

Payroll Proceed

597376.00

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

59936

Originating Lender

Farmers and Merchants Trust Company of Chambersburg

Originating Lender City

CHAMBERSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

753688.38

Forgiveness Date

03/24/2021

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