PPP Loan information for Shear precision inc

$396,707

Shear precision inc was initially approved for PPP Loan of amount $396,707, the current approved amount is $396,707. The loan was approved on 04/30/2020 by The Bank of America, National Association reported 62 jobs and $396,707 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

04/30/2020

SBA Office Code

1086

Processing Method

PPP

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

01/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

396707.00

Current Approval Amount

396707.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

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

62

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

396707.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

403119.52

Forgiveness Date

12/16/2021

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