PPP Loan information for Schatz bearing corporation

$1,215,600

Schatz bearing corporation was initially approved for PPP Loan of amount $1,215,600, the current approved amount is $1,215,600. The loan was approved on 04/15/2020 by The Rhinebeck Bank reported 126 jobs and $1,215,600 was used to fund payroll.

Schatz bearing corporation is Existing or more than 2 years old

PPP Loan Search / NY / POUGHKEEPSIE / Schatz bearing corporation

SCHATZ BEARING CORPORATION

Date Approved

04/15/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

SCHATZ BEARING CORPORATION

Borrower Address

10 FAIRVIEW AVE

Borrower City

POUGHKEEPSIE

Borrower State

NY

Borrower Zip

12601-1312

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1215600.00

Current Approval Amount

1215600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50103

Servicing Lender Name

Rhinebeck Bank

Servicing Lender Address

2 Jefferson Plaza

Servicing Lender City

POUGHKEEPSIE

Servicing Lender State

NY

Servicing Lender Zip

12601-4059

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

POUGHKEEPSIE

Project County Name

DUTCHESS

Project State

NY

Project Zip

12601-1312

CD

NY-18

Jobs Reported

126

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1215600.00

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

50103

Originating Lender

Rhinebeck Bank

Originating Lender City

POUGHKEEPSIE

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1226590.36

Forgiveness Date

03/22/2021

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