PPP Loan information for Schap specialty machine, inc.

$183,598

Schap specialty machine, inc. was initially approved for PPP Loan of amount $183,598, the current approved amount is $183,598. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 15 jobs and $183,598 was used to fund payroll.

Schap specialty machine, inc. is Existing or more than 2 years old

PPP Loan Search / MI / SPRING LAKE / Schap specialty machine, inc.

SCHAP SPECIALTY MACHINE, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SCHAP SPECIALTY MACHINE, INC.

Borrower Address

17309 TAFT ROAD

Borrower City

SPRING LAKE

Borrower State

MI

Borrower Zip

49445

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

183597.50

Current Approval Amount

183597.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRING LAKE

Project County Name

MUSKEGON

Project State

MI

Project Zip

49445-0001

CD

MI-02

Jobs Reported

15

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

183597.50

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

185917.97

Forgiveness Date

07/22/2021

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