PPP Loan information for Shoaf machine shop, inc.

$153,678

Shoaf machine shop, inc. was initially approved for PPP Loan of amount $153,678, the current approved amount is $153,678. The loan was approved on 04/28/2020 by The Pinnacle Bank reported 13 jobs and $153,678 was used to fund payroll.

Shoaf machine shop, inc. is Existing or more than 2 years old

PPP Loan Search / NC / SALISBURY / Shoaf machine shop, inc.

SHOAF MACHINE SHOP, INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SHOAF MACHINE SHOP, INC.

Borrower Address

7651 OLD MOCKSVILLE RD

Borrower City

SALISBURY

Borrower State

NC

Borrower Zip

28144

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

153677.50

Current Approval Amount

153677.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

ROWAN

Project State

NC

Project Zip

28144-0001

CD

NC-08

Jobs Reported

13

NAICS Code

811118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

153677.50

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

155433.21

Forgiveness Date

06/22/2021

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