PPP Loan information for Schaeffer academy

$271,700

Schaeffer academy was initially approved for PPP Loan of amount $221,500, the current approved amount is $271,700. The loan was approved on 04/15/2020 by The Minnwest Bank reported 58 jobs and $271,700 was used to fund payroll.

Schaeffer academy is Existing or more than 2 years old

PPP Loan Search / MN / ROCHESTER / Schaeffer academy

SCHAEFFER ACADEMY

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHAEFFER ACADEMY

Borrower Address

2700 SCHAEFFER LN NE

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55906-7671

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

221500.00

Current Approval Amount

271700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55906-7671

CD

MN-01

Jobs Reported

58

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

271700.00

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

Non-Profit Organization

Originating Lender Location Id

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

273337.64

Forgiveness Date

12/04/2020

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