PPP Loan information for Shields electronics supply inc

$279,683

Shields electronics supply inc was initially approved for PPP Loan of amount $472,700, the current approved amount is $279,683. The loan was approved on 04/07/2020 by The Truist Bank reported 22 jobs and $279,683 was used to fund payroll.

Shields electronics supply inc is Existing or more than 2 years old

SHIELDS ELECTRONICS SUPPLY INC

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SHIELDS ELECTRONICS SUPPLY INC

Borrower Address

4722 Middlebrook Pine

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37921-5534

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

472700.00

Current Approval Amount

279682.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37921-5534

CD

TN-02

Jobs Reported

22

NAICS Code

443142

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

279682.62

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

282129.84

Forgiveness Date

03/05/2021

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