PPP Loan information for A.k. shannon excavating inc

$77,376

A.k. shannon excavating inc was initially approved for PPP Loan of amount $77,376, the current approved amount is $77,376. The loan was approved on 02/26/2021 by The First Merchants Bank reported 8 jobs and $77,376 was used to fund payroll.

A.k. shannon excavating inc is Existing or more than 2 years old

A.K. SHANNON EXCAVATING INC

Date Approved

02/26/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

A.K. SHANNON EXCAVATING INC

Borrower Address

7216 E US 52

Borrower City

Gwynneville

Borrower State

IN

Borrower Zip

46144

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

77376.00

Current Approval Amount

77376.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gwynneville

Project County Name

SHELBY

Project State

IN

Project Zip

46144

CD

IN-06

Jobs Reported

8

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

77370.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

34013.44

Forgiveness Date

01/25/2022

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