PPP Loan information for Shannon and associates inc

$55,840

Shannon and associates inc was initially approved for PPP Loan of amount $55,840, the current approved amount is $55,840. The loan was approved on 01/21/2021 by The Uwharrie Bank reported 3 jobs and $55,840 was used to fund payroll.

Shannon and associates inc is Existing or more than 2 years old

SHANNON AND ASSOCIATES INC

Date Approved

01/21/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

SHANNON AND ASSOCIATES INC

Borrower Address

505 Ryan Rd

Borrower City

Cary

Borrower State

NC

Borrower Zip

27511-4201

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55840.00

Current Approval Amount

55840.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cary

Project County Name

WAKE

Project State

NC

Project Zip

27511-4201

CD

NC-02

Jobs Reported

3

NAICS Code

423390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

55837.00

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

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56128.51

Forgiveness Date

08/03/2021

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