PPP Loan information for Shear magic

$4,178

Shear magic was initially approved for PPP Loan of amount $4,178, the current approved amount is $4,178. The loan was approved on 06/29/2020 by The Chelsea Groton Bank reported 1 jobs and $4,178 was used to fund payroll.

Shear magic is Existing or more than 2 years old

SHEAR MAGIC

Date Approved

06/29/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

SHEAR MAGIC

Borrower Address

103 BRIDGE ST

Borrower City

GROTON

Borrower State

CT

Borrower Zip

06340-3603

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

4178.00

Current Approval Amount

4178.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16318

Servicing Lender Name

Chelsea Groton Bank

Servicing Lender Address

1 Franklin Sq

Servicing Lender City

NORWICH

Servicing Lender State

CT

Servicing Lender Zip

06360-5825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GROTON

Project County Name

NEW LONDON

Project State

CT

Project Zip

06340-3603

CD

CT-02

Jobs Reported

1

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

835.60

Payroll Proceed

3342.40

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

Sole Proprietorship

Originating Lender Location Id

16318

Originating Lender

Chelsea Groton Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4201.12

Forgiveness Date

01/20/2021

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