PPP Loan information for Shear design inc.

$131,400

Shear design inc. was initially approved for PPP Loan of amount $131,400, the current approved amount is $131,400. The loan was approved on 05/12/2020 by The Greylock FCU reported 15 jobs and $131,400 was used to fund payroll.

Shear design inc. is Existing or more than 2 years old

SHEAR DESIGN INC.

Date Approved

05/12/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

SHEAR DESIGN INC.

Borrower Address

25 Church Street

Borrower City

LENOX

Borrower State

MA

Borrower Zip

01240-2631

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131400.00

Current Approval Amount

131400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98464

Servicing Lender Name

Greylock FCU

Servicing Lender Address

150 West St

Servicing Lender City

PITTSFIELD

Servicing Lender State

MA

Servicing Lender Zip

01201-9114

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LENOX

Project County Name

BERKSHIRE

Project State

MA

Project Zip

01240-2504

CD

MA-01

Jobs Reported

15

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

131400.00

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

98464

Originating Lender

Greylock FCU

Originating Lender City

PITTSFIELD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

132159.20

Forgiveness Date

12/28/2020

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