PPP Loan information for Lyle e schefers

$20,833

Lyle e schefers was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 03/25/2021 by The Magnifi Financial CU reported 1 jobs and $20,833 was used to fund payroll.

Lyle e schefers is Existing or more than 2 years old

LYLE E SCHEFERS

Date Approved

03/25/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LYLE E SCHEFERS

Borrower Address

41052 co rd 118

Borrower City

RICE

Borrower State

MN

Borrower Zip

56367

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RICE

Project County Name

BENTON

Project State

MN

Project Zip

56367

CD

MN-06

Jobs Reported

1

NAICS Code

112120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20833.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20880.37

Forgiveness Date

06/23/2021

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