PPP Loan information for Schafer, inc.

$561,865

Schafer, inc. was initially approved for PPP Loan of amount $561,865, the current approved amount is $561,865. The loan was approved on 04/10/2020 by The The Huntington National Bank reported 74 jobs and $561,865 was used to fund payroll.

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

SCHAFER, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SCHAFER, INC.

Borrower Address

125 N Mable St

Borrower City

PINCONNING

Borrower State

MI

Borrower Zip

48650-8436

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

561865.00

Current Approval Amount

561865.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PINCONNING

Project County Name

BAY

Project State

MI

Project Zip

48650-8436

CD

MI-05

Jobs Reported

74

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

561865.00

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

Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

566313.10

Forgiveness Date

01/28/2021

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