PPP Loan information for Shores marine distributors inc

$41,666

Shores marine distributors inc was initially approved for PPP Loan of amount $41,666, the current approved amount is $41,666. The loan was approved on 01/31/2021 by The Loan Source Incorporated reported 2 jobs and $41,666 was used to fund payroll.

Shores marine distributors inc is Existing or more than 2 years old

PPP Loan Search / MI / Saint Clair Shores / Shores marine distributors inc

SHORES MARINE DISTRIBUTORS INC

Date Approved

01/31/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SHORES MARINE DISTRIBUTORS INC

Borrower Address

24910 Jefferson Ave

Borrower City

Saint Clair Shores

Borrower State

MI

Borrower Zip

48080-1331

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41666.00

Current Approval Amount

41666.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Clair Shores

Project County Name

MACOMB

Project State

MI

Project Zip

48080-1331

CD

MI-10

Jobs Reported

2

NAICS Code

423910

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

41663.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42118.05

Forgiveness Date

03/16/2022

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