PPP Loan information for Schlagel inc

$1,272,517

Schlagel inc was initially approved for PPP Loan of amount $1,272,517, the current approved amount is $1,272,517. The loan was approved on 06/03/2020 by The U.S. Bank, National Association reported 72 jobs and $1,272,517 was used to fund payroll.

Schlagel inc is Existing or more than 2 years old

PPP Loan Search / MN / CAMBRIDGE / Schlagel inc

SCHLAGEL INC

Date Approved

06/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHLAGEL INC

Borrower Address

491 EMERSON ST N

Borrower City

CAMBRIDGE

Borrower State

MN

Borrower Zip

55008-1316

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1272517.00

Current Approval Amount

1272517.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAMBRIDGE

Project County Name

ISANTI

Project State

MN

Project Zip

55008-1316

CD

MN-08

Jobs Reported

72

NAICS Code

333111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1272517.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1282449.70

Forgiveness Date

03/18/2021

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