PPP Loan information for Schmald tool & die, inc.

$64,500

Schmald tool & die, inc. was initially approved for PPP Loan of amount $64,500, the current approved amount is $64,500. The loan was approved on 04/05/2020 by The Oxford Bank reported 7 jobs and $64,500 was used to fund payroll.

Schmald tool & die, inc. is Existing or more than 2 years old

PPP Loan Search / MI / BURTON / Schmald tool & die, inc.

SCHMALD TOOL & DIE, INC.

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SCHMALD TOOL & DIE, INC.

Borrower Address

4206 SAGINAW ST

Borrower City

BURTON

Borrower State

MI

Borrower Zip

48529-1649

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64500.00

Current Approval Amount

64500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36206

Servicing Lender Name

Oxford Bank

Servicing Lender Address

60 S Washington St

Servicing Lender City

OXFORD

Servicing Lender State

MI

Servicing Lender Zip

48371-4972

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURTON

Project County Name

GENESEE

Project State

MI

Project Zip

48529-1649

CD

MI-08

Jobs Reported

7

NAICS Code

333514

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

64500.00

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

36206

Originating Lender

Oxford Bank

Originating Lender City

OXFORD

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65064.38

Forgiveness Date

02/25/2021

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