PPP Loan information for Schauman construction company

$263,300

Schauman construction company was initially approved for PPP Loan of amount $263,300, the current approved amount is $263,300. The loan was approved on 04/06/2020 by The Isabella Bank reported 21 jobs and $263,300 was used to fund payroll.

Schauman construction company is Existing or more than 2 years old

SCHAUMAN CONSTRUCTION COMPANY

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SCHAUMAN CONSTRUCTION COMPANY

Borrower Address

5474 Garfield

Borrower City

saginaw

Borrower State

MI

Borrower Zip

48603-9610

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

263300.00

Current Approval Amount

263300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

saginaw

Project County Name

SAGINAW

Project State

MI

Project Zip

48603-9610

CD

MI-08

Jobs Reported

21

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1200.00

Payroll Proceed

242417.00

Mortgage Interest Proceed

0.00

Rent Proceed

1200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18483.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

264923.08

Forgiveness Date

11/25/2020

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