PPP Loan information for Shockley inc.

$1,174,410

Shockley inc. was initially approved for PPP Loan of amount $1,174,410, the current approved amount is $1,174,410. The loan was approved on 02/17/2021 by The First United Bank & Trust reported 76 jobs and $1,174,410 was used to fund payroll.

Shockley inc. is Existing or more than 2 years old

PPP Loan Search / MD / Frederick / Shockley inc.

SHOCKLEY INC.

Date Approved

02/17/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

SHOCKLEY INC.

Borrower Address

7400 Shockley Dr

Borrower City

Frederick

Borrower State

MD

Borrower Zip

21704-8362

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1174410.00

Current Approval Amount

1174410.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

30767

Servicing Lender Name

First United Bank & Trust

Servicing Lender Address

19 S 2nd St

Servicing Lender City

OAKLAND

Servicing Lender State

MD

Servicing Lender Zip

21550-1517

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Frederick

Project County Name

FREDERICK

Project State

MD

Project Zip

21704-8362

CD

MD-06

Jobs Reported

76

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1174406.00

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

Subchapter S Corporation

Originating Lender Location Id

30767

Originating Lender

First United Bank & Trust

Originating Lender City

OAKLAND

Originating Lender State

MD

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1183903.15

Forgiveness Date

12/15/2021

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