PPP Loan information for Schaefer & bierlein

$592,200

Schaefer & bierlein was initially approved for PPP Loan of amount $430,500, the current approved amount is $592,200. The loan was approved on 04/05/2020 by The Frankenmuth CU reported 45 jobs and $592,200 was used to fund payroll.

Schaefer & bierlein is Existing or more than 2 years old

SCHAEFER & BIERLEIN

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SCHAEFER & BIERLEIN

Borrower Address

1015 Weiss St.

Borrower City

FRANKENMUTH

Borrower State

MI

Borrower Zip

48734-1923

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

430500.00

Current Approval Amount

592200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98960

Servicing Lender Name

Frankenmuth CU

Servicing Lender Address

580 N Main St

Servicing Lender City

FRANKENMUTH

Servicing Lender State

MI

Servicing Lender Zip

48734-1118

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKENMUTH

Project County Name

SAGINAW

Project State

MI

Project Zip

48734-1923

CD

MI-04

Jobs Reported

45

NAICS Code

525990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

22000.00

Payroll Proceed

473000.00

Mortgage Interest Proceed

0.00

Rent Proceed

38000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

59200

Business Type

Corporation

Originating Lender Location Id

98960

Originating Lender

Frankenmuth CU

Originating Lender City

FRANKENMUTH

Originating Lender State

MI

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

571757.99

Forgiveness Date

10/18/2021

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