PPP Loan information for Karen schultz

$20,500

Karen schultz was initially approved for PPP Loan of amount $20,500, the current approved amount is $20,500. The loan was approved on 02/05/2021 by The Ultima Bank Minnesota reported 4 jobs and $20,500 was used to fund payroll.

Karen schultz is Existing or more than 2 years old

KAREN SCHULTZ

Date Approved

02/05/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KAREN SCHULTZ

Borrower Address

318 1st St W

Borrower City

Fosston

Borrower State

MN

Borrower Zip

56542-1217

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20500.00

Current Approval Amount

20500.00

Undisbursed Amount

0.00

Franchise Name

H&R Block - Franchise License Agreement

Servicing Lender Location Id

39047

Servicing Lender Name

Ultima Bank Minnesota

Servicing Lender Address

9 W Minnesota Ave

Servicing Lender City

WINGER

Servicing Lender State

MN

Servicing Lender Zip

56592

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fosston

Project County Name

POLK

Project State

MN

Project Zip

56542-1217

CD

MN-07

Jobs Reported

4

NAICS Code

541213

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

39047

Originating Lender

Ultima Bank Minnesota

Originating Lender City

WINGER

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20570.77

Forgiveness Date

06/14/2021

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