PPP Loan information for Michael schaefer

$20,800

Michael schaefer was initially approved for PPP Loan of amount $20,800, the current approved amount is $20,800. The loan was approved on 03/25/2021 by The American Bank & Trust reported 1 jobs and $20,800 was used to fund payroll.

Michael schaefer is Existing or more than 2 years old

MICHAEL SCHAEFER

Date Approved

03/25/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

MICHAEL SCHAEFER

Borrower Address

35651 SD Highway 26

Borrower City

Orient

Borrower State

SD

Borrower Zip

57467-5512

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20800.00

Current Approval Amount

20800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66723

Servicing Lender Name

American Bank & Trust

Servicing Lender Address

120 E Main St

Servicing Lender City

WESSINGTON SPRINGS

Servicing Lender State

SD

Servicing Lender Zip

57382

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Orient

Project County Name

HAND

Project State

SD

Project Zip

57467-5512

CD

SD-

Jobs Reported

1

NAICS Code

112111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20798.00

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

66723

Originating Lender

American Bank & Trust

Originating Lender City

WESSINGTON SPRINGS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20865.87

Forgiveness Date

07/23/2021

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