PPP Loan information for Schafer powder coating inc

$599,605

Schafer powder coating inc was initially approved for PPP Loan of amount $599,605, the current approved amount is $599,605. The loan was approved on 02/17/2021 by The Lake City Bank reported 53 jobs and $599,605 was used to fund payroll.

Schafer powder coating inc is Existing or more than 2 years old

SCHAFER POWDER COATING INC

Date Approved

02/17/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

SCHAFER POWDER COATING INC

Borrower Address

5450 Industrial Ct

Borrower City

Whitestown

Borrower State

IN

Borrower Zip

46075-8808

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

599605.00

Current Approval Amount

599605.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Whitestown

Project County Name

BOONE

Project State

IN

Project Zip

46075-8808

CD

IN-04

Jobs Reported

53

NAICS Code

332812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

599598.00

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

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

606217.31

Forgiveness Date

03/24/2022

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