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 01/26/2021 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

01/26/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

SHOAF MACHINE SHOP INC.

Borrower Address

7651 Old Mocksville Rd

Borrower City

Salisbury

Borrower State

NC

Borrower Zip

28144-1258

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

60

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

28144-1258

CD

NC-08

Jobs Reported

13

NAICS Code

332313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

153675.50

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

155614.26

Forgiveness Date

05/03/2022

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