Shipman Associates INC DBA the Balm

$823,115 PPP Loan in Alameda, California

Loan Details

Loan Number
3686917102
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$823,115
Current Approval
$823,115
Forgiveness Amount
$829,232
Forgiveness Date
Jan 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Shipman Associates INC DBA the Balm
Address
1000 Atlantic Avenue 100
ZIP Code
94501
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424210)
Business Age
Existing or more than 2 years old
Jobs Reported
51
Estimated Revenue
$13.1M
Rural/Urban
Urban
Congressional District
CA-12

Loan Use Breakdown

Payroll
$581,115
Rent
$127,000
Utilities
$5,000
Health Care
$110,000

Lender Information

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

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