PPP Loan information for Schaefer power systems, inc.

$79,300

Schaefer power systems, inc. was initially approved for PPP Loan of amount $79,300, the current approved amount is $79,300. The loan was approved on 04/15/2020 by The Bank First, N.A. reported 9 jobs and $79,300 was used to fund payroll.

Schaefer power systems, inc. is Existing or more than 2 years old

SCHAEFER POWER SYSTEMS, INC.

Date Approved

04/15/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SCHAEFER POWER SYSTEMS, INC.

Borrower Address

PO Box 313

Borrower City

CEDARBURG

Borrower State

WI

Borrower Zip

53012

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79300.00

Current Approval Amount

79300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76173

Servicing Lender Name

Bank First, N.A.

Servicing Lender Address

402 N 8th St

Servicing Lender City

MANITOWOC

Servicing Lender State

WI

Servicing Lender Zip

54220-4010

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDARBURG

Project County Name

OZAUKEE

Project State

WI

Project Zip

53012-0001

CD

WI-06

Jobs Reported

9

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

79300.00

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

Subchapter S Corporation

Originating Lender Location Id

76173

Originating Lender

Bank First, N.A.

Originating Lender City

MANITOWOC

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

80452.05

Forgiveness Date

10/04/2021

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