Shaw University

$2,000,000 PPP Loan in Raleigh, North Carolina

Loan Details

Loan Number: 1080108708
Date Approved: Mar 26, 2021
Loan Status: Paid in Full
Initial Approval: $2,000,000
Current Approval: $2,000,000
Forgiveness Amount: $2,016,110
Forgiveness Date: Jan 21, 2022
Term: 60 months
Draw: Second Draw

Business Information

Business Name: Shaw University
Address: 118 E South St
City: Raleigh
State: North Carolina
ZIP Code: 27601-2341
Business Type: Non-Profit Organization
Industry (NAICS): Educational Services (611310)
Business Age: Existing or more than 2 years old
Jobs Reported: 233
Estimated Revenue: N/A (non-profit)
Non-Profit: Yes
Rural/Urban: Urban
Congressional District: NC-13

Loan Use Breakdown

Payroll: $1,999,996
Utilities: $1

Lender Information

Servicing Lender: Mechanics & Farmers Bank
Originating Lender: Mechanics & Farmers Bank

Other PPP Loans in Raleigh, NC

Business	Industry	Approved	Forgiven	Jobs	Est. Revenue
Spectraforce Technologies, INC	Administrative and Support and Waste Management	$10,000,000	$10,110,411	500	$78.7M	AI Deep Dive
Headway Payroll Solutions, LLC	Administrative and Support and Waste Management	$9,267,856	$1,921,082	411	$64.7M	AI Deep Dive
Fmi Corporation	Professional, Scientific, and Technical Services	$9,154,700	$4,118,227	130	$13.5M	AI Deep Dive
The Young Men's Christian Association of the Triangle Area I	Other Services (except Public Administration)	$9,119,692	$9,206,076	464	$88.6M	AI Deep Dive
Lmr LLC	Accommodation and Food Services	$8,692,300	$8,854,477	500	$88.8M	AI Deep Dive

Want to research this company further?