PPP Loan information for Schafer brothers remodeling, inc.

$230,700

Schafer brothers remodeling, inc. was initially approved for PPP Loan of amount $230,700, the current approved amount is $230,700. The loan was approved on 04/08/2020 by The Crystal Lake Bank & Trust Company, National Association reported 23 jobs and $230,700 was used to fund payroll.

Schafer brothers remodeling, inc. is Existing or more than 2 years old

SCHAFER BROTHERS REMODELING, INC.

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SCHAFER BROTHERS REMODELING, INC.

Borrower Address

405 W VIRGINIA ST

Borrower City

CRYSTAL LAKE

Borrower State

IL

Borrower Zip

60014-5703

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230700.00

Current Approval Amount

230700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122557

Servicing Lender Name

Crystal Lake Bank & Trust Company, National Association

Servicing Lender Address

70 N Williams St

Servicing Lender City

CRYSTAL LAKE

Servicing Lender State

IL

Servicing Lender Zip

60014-4444

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRYSTAL LAKE

Project County Name

MCHENRY

Project State

IL

Project Zip

60014-5703

CD

IL-09

Jobs Reported

23

NAICS Code

236118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

23070.00

Payroll Proceed

173025.00

Mortgage Interest Proceed

0.00

Rent Proceed

34605.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122557

Originating Lender

Crystal Lake Bank & Trust Company, National Association

Originating Lender City

CRYSTAL LAKE

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

233647.83

Forgiveness Date

07/22/2021

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