PPP Loan information for Shaw university

$2,695,300

Shaw university was initially approved for PPP Loan of amount $2,695,500, the current approved amount is $2,695,300. The loan was approved on 04/06/2020 by The Mechanics & Farmers Bank reported 304 jobs and $2,695,300 was used to fund payroll.

Shaw university is Unanswered

PPP Loan Search / NC / RALEIGH / Shaw university

SHAW UNIVERSITY

Date Approved

04/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SHAW UNIVERSITY

Borrower Address

118 East South Street

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27601-2341

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2695500.00

Current Approval Amount

2695300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50708

Servicing Lender Name

Mechanics & Farmers Bank

Servicing Lender Address

2634 Durham-Chapel Hill Blvd

Servicing Lender City

DURHAM

Servicing Lender State

NC

Servicing Lender Zip

27707-2800

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27601-2341

CD

NC-13

Jobs Reported

304

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2695300.00

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

Non-Profit Organization

Originating Lender Location Id

50708

Originating Lender

Mechanics & Farmers Bank

Originating Lender City

DURHAM

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2725428.28

Forgiveness Date

06/11/2021

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