PPP Loan information for Shipwreck, inc.

$258,775

Shipwreck, inc. was initially approved for PPP Loan of amount $258,775, the current approved amount is $258,775. The loan was approved on 04/15/2020 by The Southern Bank and Trust Company reported 28 jobs and $258,775 was used to fund payroll.

Shipwreck, inc. is Existing or more than 2 years old

SHIPWRECK, INC.

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SHIPWRECK, INC.

Borrower Address

3016 S VIRGINIA DARE TRL

Borrower City

NAGS HEAD

Borrower State

NC

Borrower Zip

27959-9258

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

258775.00

Current Approval Amount

258775.00

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

28

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

258775.00

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

260773.32

Forgiveness Date

01/26/2021

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