PPP Loan information for Schlauderaff implement co

$371,300

Schlauderaff implement co was initially approved for PPP Loan of amount $371,300, the current approved amount is $371,300. The loan was approved on 04/04/2020 by The Center National Bank reported 25 jobs and $371,300 was used to fund payroll.

Schlauderaff implement co is Existing or more than 2 years old

SCHLAUDERAFF IMPLEMENT CO

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHLAUDERAFF IMPLEMENT CO

Borrower Address

60240 US Highway 12

Borrower City

LITCHFIELD

Borrower State

MN

Borrower Zip

55355

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

371300.00

Current Approval Amount

371300.00

Undisbursed Amount

0.00

Franchise Name

New Holland Equipment - Sales and Service Agreement

Servicing Lender Location Id

38324

Servicing Lender Name

Center National Bank

Servicing Lender Address

301 N Ramsey Ave

Servicing Lender City

LITCHFIELD

Servicing Lender State

MN

Servicing Lender Zip

55355-2125

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LITCHFIELD

Project County Name

MEEKER

Project State

MN

Project Zip

55355-0001

CD

MN-07

Jobs Reported

25

NAICS Code

333111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

371300.00

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

38324

Originating Lender

Center National Bank

Originating Lender City

LITCHFIELD

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

373600.00

Forgiveness Date

11/20/2020

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