Date Approved
01/23/2021
SBA Office Code
0202
Processing Method
PPS
Borrower Name
SCHATZ BEARING CORPORATION
Borrower Address
10 Fairview Ave
Borrower City
Poughkeepsie
Borrower State
NY
Borrower Zip
12601-1312
Loan Status Date
02/10/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
1215680.00
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
Servicing Lender Zip
12601-4059
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DUTCHESS
Project State
Project Zip
CD
NY-18
Jobs Reported
75
NAICS Code
332991
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
1215596.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
1227456.26
Forgiveness Date
01/19/2022