PPP Loan information for Shear precision inc

$397,302

Shear precision inc was initially approved for PPP Loan of amount $397,302, the current approved amount is $397,302. The loan was approved on 01/23/2021 by The Umpqua Bank reported 39 jobs and $397,302 was used to fund payroll.

Shear precision inc is Existing or more than 2 years old

PPP Loan Search / OR / Wilsonville / Shear precision inc

SHEAR PRECISION INC

Date Approved

01/23/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

SHEAR PRECISION INC

Borrower Address

7310 SW Lake Bluff Ct

Borrower City

Wilsonville

Borrower State

OR

Borrower Zip

97070-8466

Loan Status Date

05/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

397302.00

Current Approval Amount

397302.00

Undisbursed Amount

0.00

Franchise Name

Great Clips

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilsonville

Project County Name

CLACKAMAS

Project State

OR

Project Zip

97070-8466

CD

OR-05

Jobs Reported

39

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

397297.00

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

Corporation

Originating Lender Location Id

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

401982.54

Forgiveness Date

05/03/2022

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