PPP Loan information for Shaffer metal fab inc

$430,000

Shaffer metal fab inc was initially approved for PPP Loan of amount $430,000, the current approved amount is $430,000. The loan was approved on 04/10/2020 by The Minster Bank reported 38 jobs and $430,000 was used to fund payroll.

Shaffer metal fab inc is Change of Ownership

SHAFFER METAL FAB INC

Date Approved

04/10/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

SHAFFER METAL FAB INC

Borrower Address

2031 Commerce Drive

Borrower City

SIDNEY

Borrower State

OH

Borrower Zip

45365-9393

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

430000.00

Current Approval Amount

430000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57861

Servicing Lender Name

Minster Bank

Servicing Lender Address

95 W Fourth St

Servicing Lender City

MINSTER

Servicing Lender State

OH

Servicing Lender Zip

45865-1060

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Change of Ownership

Project City

SIDNEY

Project County Name

SHELBY

Project State

OH

Project Zip

45365-9393

CD

OH-15

Jobs Reported

38

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

430000.00

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

57861

Originating Lender

Minster Bank

Originating Lender City

MINSTER

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

432473.97

Forgiveness Date

11/12/2020

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