PPP Loan information for Schain mold & engineering, inc.

$519,300

Schain mold & engineering, inc. was initially approved for PPP Loan of amount $519,300, the current approved amount is $519,300. The loan was approved on 04/08/2020 by The The Huntington National Bank reported 45 jobs and $519,300 was used to fund payroll.

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

SCHAIN MOLD & ENGINEERING, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SCHAIN MOLD & ENGINEERING, INC.

Borrower Address

2776 Commerce Road

Borrower City

ROCHESTER

Borrower State

MI

Borrower Zip

48309

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

519300.00

Current Approval Amount

519300.00

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

Project County Name

OAKLAND

Project State

MI

Project Zip

48309-0899

CD

MI-10

Jobs Reported

45

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

519300.00

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

378899.06

Forgiveness Date

02/23/2021

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