PPP Loan information for Shear drive

$1,910,000

Shear drive was initially approved for PPP Loan of amount $1,910,000, the current approved amount is $1,910,000. The loan was approved on 04/06/2020 by The Vista Bank reported 290 jobs and $1,910,000 was used to fund payroll.

Shear drive is Existing or more than 2 years old

PPP Loan Search / TX / DALLAS / Shear drive

SHEAR DRIVE

Date Approved

04/06/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

SHEAR DRIVE

Borrower Address

11811 PRESTON RD Ste 200

Borrower City

DALLAS

Borrower State

TX

Borrower Zip

75230-2708

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1910000.00

Current Approval Amount

1910000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71653

Servicing Lender Name

Vista Bank

Servicing Lender Address

5840 W Northwest Hwy

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75225-3201

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DALLAS

Project County Name

DALLAS

Project State

TX

Project Zip

75230-2708

CD

TX-24

Jobs Reported

290

NAICS Code

812111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1910000.00

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

71653

Originating Lender

Vista Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1931978.08

Forgiveness Date

06/11/2021

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