PPP Loan information for Shimar recycling inc

$122,300

Shimar recycling inc was initially approved for PPP Loan of amount $122,300, the current approved amount is $122,300. The loan was approved on 04/07/2020 by The Truist Bank reported 16 jobs and $122,300 was used to fund payroll.

Shimar recycling inc is Existing or more than 2 years old

PPP Loan Search / NC / DURHAM / Shimar recycling inc

SHIMAR RECYCLING INC

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SHIMAR RECYCLING INC

Borrower Address

938 HARVEST RD

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27704-5216

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122300.45

Current Approval Amount

122300.45

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

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27704-5216

CD

NC-04

Jobs Reported

16

NAICS Code

562111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

122300.45

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

123472.50

Forgiveness Date

03/25/2021

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