PPP Loan information for Shrewsbury machine & gear inc.

$608,900

Shrewsbury machine & gear inc. was initially approved for PPP Loan of amount $608,900, the current approved amount is $608,900. The loan was approved on 02/09/2021 by The First Community Bank reported 29 jobs and $608,900 was used to fund payroll.

Shrewsbury machine & gear inc. is Existing or more than 2 years old

PPP Loan Search / WV / Princeton / Shrewsbury machine & gear inc.

SHREWSBURY MACHINE & GEAR INC.

Date Approved

02/09/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

SHREWSBURY MACHINE & GEAR INC.

Borrower Address

2731 Hinton Rd

Borrower City

Princeton

Borrower State

WV

Borrower Zip

24712

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

608900.00

Current Approval Amount

608900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75351

Servicing Lender Name

First Community Bank

Servicing Lender Address

29 College Dr

Servicing Lender City

BLUEFIELD

Servicing Lender State

VA

Servicing Lender Zip

24605-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Princeton

Project County Name

MERCER

Project State

WV

Project Zip

24712

CD

WV-03

Jobs Reported

29

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

608895.00

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

75351

Originating Lender

First Community Bank

Originating Lender City

BLUEFIELD

Originating Lender State

VA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

614705.40

Forgiveness Date

02/01/2022

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