1848 SHOVEL COMPANY (CA) - 2020 PPP Loan Borrower Profile (# 3711797302)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1848 SHOVEL COMPANY. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in California.

Loan Detail

Loan Number

3711797302

SBA Office Code

0931

Processing Method

PPP

Curent Loan Amount

$77,440

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$78,362.83

Date Loan was Forgiven

Jul 6, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

77,440

Lender

WebBank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

423990

Borrower Location

Sacramento, CA

Project Location

Sacramento, CA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.