PPP Loan information for Shafii's inc.

$1,000,000

Shafii's inc. was initially approved for PPP Loan of amount $1,000,000, the current approved amount is $1,000,000. The loan was approved on 04/09/2020 by The Westfield Bank reported 85 jobs and $1,000,000 was used to fund payroll.

Shafii's inc. is Existing or more than 2 years old

SHAFII'S INC.

Date Approved

04/09/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

SHAFII'S INC.

Borrower Address

50 INDUSTRIAL DR

Borrower City

EAST LONGMEADOW

Borrower State

MA

Borrower Zip

01028-3102

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1000000.00

Current Approval Amount

1000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33436

Servicing Lender Name

Westfield Bank

Servicing Lender Address

141 Elm St

Servicing Lender City

WESTFIELD

Servicing Lender State

MA

Servicing Lender Zip

01085-2910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST LONGMEADOW

Project County Name

HAMPDEN

Project State

MA

Project Zip

01028-3102

CD

MA-01

Jobs Reported

85

NAICS Code

323111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1000000.00

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

33436

Originating Lender

Westfield Bank

Originating Lender City

WESTFIELD

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

995775.00

Forgiveness Date

11/17/2020

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