PPP Loan information for Shaum electric co., inc.

$418,700

Shaum electric co., inc. was initially approved for PPP Loan of amount $418,700, the current approved amount is $418,700. The loan was approved on 04/15/2020 by The Northwest Bank reported 28 jobs and $418,700 was used to fund payroll.

Shaum electric co., inc. is Existing or more than 2 years old

SHAUM ELECTRIC CO., INC.

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SHAUM ELECTRIC CO., INC.

Borrower Address

1125 NAPPANEE ST

Borrower City

ELKHART

Borrower State

IN

Borrower Zip

46514-1735

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

418700.00

Current Approval Amount

418700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELKHART

Project County Name

ELKHART

Project State

IN

Project Zip

46514-1735

CD

IN-02

Jobs Reported

28

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8706.00

Payroll Proceed

401994.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

423804.70

Forgiveness Date

07/07/2021

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