Shrewsbury Machine and Gear INC

$609,000 PPP Loan in Athens, West Virginia

Loan Details

Loan Number
9918037106
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$609,000
Current Approval
$609,000
Forgiveness Amount
$613,939
Forgiveness Date
Feb 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Shrewsbury Machine and Gear INC
Address
Rt 20
City
Athens
ZIP Code
24712
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$8.3M
Rural/Urban
Rural
Congressional District
WV-01

Loan Use Breakdown

Payroll
$548,100
Utilities
$30,450
Mortgage Interest
$30,450

Lender Information

Servicing Lender
First Community Bank
Originating Lender
First Community Bank

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