PPP Loan information for Schain mold & engineering inc

$365,212

Schain mold & engineering inc was initially approved for PPP Loan of amount $365,212, the current approved amount is $365,212. The loan was approved on 02/25/2021 by The The Huntington National Bank reported 44 jobs and $365,212 was used to fund payroll.

Schain mold & engineering inc is Existing or more than 2 years old

PPP Loan Search / MI / Rochester Hills / Schain mold & engineering inc

SCHAIN MOLD & ENGINEERING INC

Date Approved

02/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SCHAIN MOLD & ENGINEERING INC

Borrower Address

2776 Commerce Dr

Borrower City

Rochester Hills

Borrower State

MI

Borrower Zip

48309-3814

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

365212.00

Current Approval Amount

365212.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rochester Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48309-3814

CD

MI-10

Jobs Reported

44

NAICS Code

333511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

365208.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

367843.53

Forgiveness Date

11/17/2021

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