PPP Loan information for Shanco llc

$1,400,000

Shanco llc was initially approved for PPP Loan of amount $1,400,000, the current approved amount is $1,400,000. The loan was approved on 02/02/2021 by The First Western Bank & Trust reported 70 jobs and $1,400,000 was used to fund payroll.

Shanco llc is Existing or more than 2 years old

PPP Loan Search / ND / Minot / Shanco llc

SHANCO LLC

Date Approved

02/02/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

SHANCO LLC

Borrower Address

216 S Broadway Ste 101

Borrower City

Minot

Borrower State

ND

Borrower Zip

58701-3852

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1400000.00

Current Approval Amount

1400000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52905

Servicing Lender Name

First Western Bank & Trust

Servicing Lender Address

900 S Broadway

Servicing Lender City

MINOT

Servicing Lender State

ND

Servicing Lender Zip

58701-4658

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Minot

Project County Name

WARD

Project State

ND

Project Zip

58701-3852

CD

ND-

Jobs Reported

70

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1399997.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

52905

Originating Lender

First Western Bank & Trust

Originating Lender City

MINOT

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1407077.78

Forgiveness Date

08/09/2021

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