PPP Loan information for Shorewood engineering, inc.

$183,614

Shorewood engineering, inc. was initially approved for PPP Loan of amount $183,614, the current approved amount is $183,614. The loan was approved on 04/07/2020 by The Security Bank & Trust Company reported 10 jobs and $183,614 was used to fund payroll.

Shorewood engineering, inc. is Existing or more than 2 years old

PPP Loan Search / MN / WACONIA / Shorewood engineering, inc.

SHOREWOOD ENGINEERING, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SHOREWOOD ENGINEERING, INC.

Borrower Address

865 INDUSTRIAL BLVD

Borrower City

WACONIA

Borrower State

MN

Borrower Zip

55387-1045

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

183613.82

Current Approval Amount

183613.82

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38117

Servicing Lender Name

Security Bank & Trust Company

Servicing Lender Address

735 11th St E

Servicing Lender City

GLENCOE

Servicing Lender State

MN

Servicing Lender Zip

55336-2220

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WACONIA

Project County Name

CARVER

Project State

MN

Project Zip

55387-1045

CD

MN-06

Jobs Reported

10

NAICS Code

333244

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5234.54

Payroll Proceed

159873.74

Mortgage Interest Proceed

0.00

Rent Proceed

18505.54

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38117

Originating Lender

Security Bank & Trust Company

Originating Lender City

GLENCOE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

185036.83

Forgiveness Date

01/20/2021

;