Shrewsbury Machine & Gear Inc.

$608,900 PPP Loan in Princeton, West Virginia

Loan Details

Loan Number
5582608409
Date Approved
Feb 9, 2021
Loan Status
Paid in Full
Initial Approval
$608,900
Current Approval
$608,900
Forgiveness Amount
$614,705
Forgiveness Date
Feb 1, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Shrewsbury Machine & Gear Inc.
Address
2731 Hinton Rd
ZIP Code
24712
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$7.6M
Rural/Urban
Rural
Congressional District
WV-03

Loan Use Breakdown

Payroll
$608,895
Utilities
$1

Lender Information

Servicing Lender
First Community Bank
Originating Lender
First Community Bank

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