Shelby Industries INC

$52,412 PPP Loan in Shelby Twp, Michigan

Loan Details

Loan Number
1715337705
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$52,412
Current Approval
$52,412
Forgiveness Amount
$52,886
Forgiveness Date
Mar 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Shelby Industries INC
Address
15002 Technology Dr
ZIP Code
48315
Business Type
Corporation
Industry (NAICS)
Manufacturing (339999)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$36,352
Rent
$10,800
Utilities
$1,500
Health Care
$2,910
Debt Interest
$850

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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