PPP Loan information for Shearer logistics, llc

$486,311

Shearer logistics, llc was initially approved for PPP Loan of amount $486,311, the current approved amount is $486,311. The loan was approved on 04/08/2020 by The Old Dominion National Bank reported 44 jobs and $486,311 was used to fund payroll.

Shearer logistics, llc is Existing or more than 2 years old

PPP Loan Search / MD / ELKRIDGE / Shearer logistics, llc

SHEARER LOGISTICS, LLC

Date Approved

04/08/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SHEARER LOGISTICS, LLC

Borrower Address

7045 TROY HILL DR

Borrower City

ELKRIDGE

Borrower State

MD

Borrower Zip

21075-7036

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

486311.00

Current Approval Amount

486311.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448691

Servicing Lender Name

Old Dominion National Bank

Servicing Lender Address

4916 Plank Rd

Servicing Lender City

NORTH GARDEN

Servicing Lender State

VA

Servicing Lender Zip

22959-1613

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELKRIDGE

Project County Name

HOWARD

Project State

MD

Project Zip

21075-7036

CD

MD-03

Jobs Reported

44

NAICS Code

484121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

486311.00

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

448691

Originating Lender

Old Dominion National Bank

Originating Lender City

NORTH GARDEN

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

489841.75

Forgiveness Date

01/07/2021

;