PPP Loan information for Schaffer motor sales, inc.

$136,500

Schaffer motor sales, inc. was initially approved for PPP Loan of amount $136,500, the current approved amount is $136,500. The loan was approved on 04/04/2020 by The Sutton Bank reported 10 jobs and $136,500 was used to fund payroll.

Schaffer motor sales, inc. is Existing or more than 2 years old

PPP Loan Search / OH / WILLARD / Schaffer motor sales, inc.

SCHAFFER MOTOR SALES, INC.

Date Approved

04/04/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

SCHAFFER MOTOR SALES, INC.

Borrower Address

312 E WALTON ST

Borrower City

WILLARD

Borrower State

OH

Borrower Zip

44890-9111

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

136500.00

Current Approval Amount

136500.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

53273

Servicing Lender Name

Sutton Bank

Servicing Lender Address

1 S Main St

Servicing Lender City

ATTICA

Servicing Lender State

OH

Servicing Lender Zip

44807-9803

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLARD

Project County Name

HURON

Project State

OH

Project Zip

44890-9111

CD

OH-05

Jobs Reported

10

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2900.00

Payroll Proceed

102375.00

Mortgage Interest Proceed

0.00

Rent Proceed

9775.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

21450

Business Type

Subchapter S Corporation

Originating Lender Location Id

53273

Originating Lender

Sutton Bank

Originating Lender City

ATTICA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

137382.58

Forgiveness Date

12/09/2020

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