PPP Loan information for Shear illusions inc

$112,400

Shear illusions inc was initially approved for PPP Loan of amount $112,400, the current approved amount is $112,400. The loan was approved on 04/07/2020 by The OneLocal Bank reported 12 jobs and $112,400 was used to fund payroll.

Shear illusions inc is New Business or 2 years or less

PPP Loan Search / MA / WALPOLE / Shear illusions inc

SHEAR ILLUSIONS INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SHEAR ILLUSIONS INC

Borrower Address

10 Pettees Pond Lane

Borrower City

WALPOLE

Borrower State

MA

Borrower Zip

02081-2339

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112400.00

Current Approval Amount

112400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89266

Servicing Lender Name

OneLocal Bank

Servicing Lender Address

11 Central St

Servicing Lender City

NORWOOD

Servicing Lender State

MA

Servicing Lender Zip

02062-3505

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WALPOLE

Project County Name

NORFOLK

Project State

MA

Project Zip

02081-2339

CD

MA-08

Jobs Reported

12

NAICS Code

812112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

112400.00

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

89266

Originating Lender

OneLocal Bank

Originating Lender City

NORWOOD

Originating Lender State

MA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

113536.32

Forgiveness Date

04/21/2021

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