PPP Loan information for Shafer's inc

$19,873

Shafer's inc was initially approved for PPP Loan of amount $19,873, the current approved amount is $19,873. The loan was approved on 02/16/2021 by The First Merchants Bank reported 6 jobs and $19,873 was used to fund payroll.

Shafer's inc is Existing or more than 2 years old

PPP Loan Search / IN / Danville / Shafer's inc

SHAFER'S INC

Date Approved

02/16/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

SHAFER'S INC

Borrower Address

1475 E Main St

Borrower City

Danville

Borrower State

IN

Borrower Zip

46122-1955

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19872.77

Current Approval Amount

19872.77

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Danville

Project County Name

HENDRICKS

Project State

IN

Project Zip

46122-1955

CD

IN-04

Jobs Reported

6

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

19868.77

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

19938.11

Forgiveness Date

06/23/2021

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