PPP Loan information for Schaffer motor sales inc.

$136,865

Schaffer motor sales inc. was initially approved for PPP Loan of amount $136,865, the current approved amount is $136,865. The loan was approved on 02/14/2021 by The Sutton Bank reported 14 jobs and $136,865 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

02/14/2021

SBA Office Code

0549

Processing Method

PPS

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

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

136865.00

Current Approval Amount

136865.00

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

14

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

136859.00

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

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

137629.94

Forgiveness Date

09/27/2021

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