PPP Loan information for Schaefer's electrical enclosures, inc

$1,851,700

Schaefer's electrical enclosures, inc was initially approved for PPP Loan of amount $1,851,700, the current approved amount is $1,851,700. The loan was approved on 04/03/2020 by The Southern Bank reported 209 jobs and $1,851,700 was used to fund payroll.

Schaefer's electrical enclosures, inc is Existing or more than 2 years old

PPP Loan Search / MO / SCOTT CITY / Schaefer's electrical enclosures, inc

SCHAEFER'S ELECTRICAL ENCLOSURES, INC

Date Approved

04/03/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

SCHAEFER'S ELECTRICAL ENCLOSURES, INC

Borrower Address

4680 NASH RD BUILDING A

Borrower City

SCOTT CITY

Borrower State

MO

Borrower Zip

63780-7144

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1851700.00

Current Approval Amount

1851700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79133

Servicing Lender Name

Southern Bank

Servicing Lender Address

2991 Oak Grove Rd

Servicing Lender City

POPLAR BLUFF

Servicing Lender State

MO

Servicing Lender Zip

63901-8937

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCOTT CITY

Project County Name

CAPE GIRARDEAU

Project State

MO

Project Zip

63780-7144

CD

MO-08

Jobs Reported

209

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

91350.00

Payroll Proceed

1388850.00

Mortgage Interest Proceed

0.00

Rent Proceed

371500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

79133

Originating Lender

Southern Bank

Originating Lender City

POPLAR BLUFF

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1864198.98

Forgiveness Date

12/10/2020

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