PPP Loan information for Shelby lumber company inc.

$445,900

Shelby lumber company inc. was initially approved for PPP Loan of amount $445,900, the current approved amount is $445,900. The loan was approved on 04/14/2020 by The Cornerstone Bank reported 46 jobs and $445,900 was used to fund payroll.

Shelby lumber company inc. is Existing or more than 2 years old

SHELBY LUMBER COMPANY INC.

Date Approved

04/14/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

SHELBY LUMBER COMPANY INC.

Borrower Address

PO BOX 100

Borrower City

SHELBY

Borrower State

NE

Borrower Zip

68662-0100

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

445900.00

Current Approval Amount

445900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42727

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

529 Lincoln Ave

Servicing Lender City

YORK

Servicing Lender State

NE

Servicing Lender Zip

68467-2944

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHELBY

Project County Name

POLK

Project State

NE

Project Zip

68662-0100

CD

NE-01

Jobs Reported

46

NAICS Code

423310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

445900.00

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

42727

Originating Lender

Cornerstone Bank

Originating Lender City

YORK

Originating Lender State

NE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

449355.72

Forgiveness Date

01/20/2021

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