PPP Loan information for Shipwreck inc

$362,284

Shipwreck inc was initially approved for PPP Loan of amount $362,284, the current approved amount is $362,284. The loan was approved on 01/28/2021 by The Southern Bank and Trust Company reported 38 jobs and $362,284 was used to fund payroll.

Shipwreck inc is Existing or more than 2 years old

SHIPWRECK INC

Date Approved

01/28/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

SHIPWRECK INC

Borrower Address

3014 S Virginia Dare Trl

Borrower City

Nags Head

Borrower State

NC

Borrower Zip

27959-9258

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

362284.00

Current Approval Amount

362284.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Nags Head

Project County Name

DARE

Project State

NC

Project Zip

27959-9258

CD

NC-03

Jobs Reported

38

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

362279.00

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

Subchapter S Corporation

Originating Lender Location Id

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

365886.71

Forgiveness Date

02/02/2022

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