PPP Loan information for Shey systems inc

$147,410

Shey systems inc was initially approved for PPP Loan of amount $147,410, the current approved amount is $147,410. The loan was approved on 01/29/2021 by The Cedar Rapids Bank and Trust Company reported 7 jobs and $147,410 was used to fund payroll.

Shey systems inc is Existing or more than 2 years old

PPP Loan Search / IA / Hiawatha / Shey systems inc

SHEY SYSTEMS INC

Date Approved

01/29/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

SHEY SYSTEMS INC

Borrower Address

2050 Progress Dr

Borrower City

Hiawatha

Borrower State

IA

Borrower Zip

52233-2406

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

147410.00

Current Approval Amount

147410.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

238179

Servicing Lender Name

Cedar Rapids Bank and Trust Company

Servicing Lender Address

500 1st Ave NE

Servicing Lender City

Cedar Rapids

Servicing Lender State

IA

Servicing Lender Zip

52401

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hiawatha

Project County Name

LINN

Project State

IA

Project Zip

52233-2406

CD

IA-02

Jobs Reported

7

NAICS Code

423860

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

147408.00

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

238179

Originating Lender

Cedar Rapids Bank and Trust Company

Originating Lender City

Cedar Rapids

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

148020.11

Forgiveness Date

07/08/2021

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