PPP Loan information for Shruti inc #2

$55,700

Shruti inc #2 was initially approved for PPP Loan of amount $55,700, the current approved amount is $55,700. The loan was approved on 06/30/2020 by The Wayne County Bank reported 30 jobs and $55,700 was used to fund payroll.

Shruti inc #2 is New Business or 2 years or less

SHRUTI INC #2

Date Approved

06/30/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SHRUTI INC #2

Borrower Address

437 E MAIN ST

Borrower City

ADAMSVILLE

Borrower State

TN

Borrower Zip

38310-2402

Loan Status Date

07/23/2020

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55700.00

Current Approval Amount

55700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68917

Servicing Lender Name

Wayne County Bank

Servicing Lender Address

216 S High St

Servicing Lender City

WAYNESBORO

Servicing Lender State

TN

Servicing Lender Zip

38485-2616

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ADAMSVILLE

Project County Name

MCNAIRY

Project State

TN

Project Zip

38310-2402

CD

TN-08

Jobs Reported

30

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55700.00

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

Corporation

Originating Lender Location Id

68917

Originating Lender

Wayne County Bank

Originating Lender City

WAYNESBORO

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

56273.79

Forgiveness Date

07/22/2021

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