PPP Loan information for Schmeling building supply inc.

$106,500

Schmeling building supply inc. was initially approved for PPP Loan of amount $106,500, the current approved amount is $106,500. The loan was approved on 04/15/2020 by The Northwest Bank of Rockford reported 8 jobs and $106,500 was used to fund payroll.

Schmeling building supply inc. is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / Schmeling building supply inc.

SCHMELING BUILDING SUPPLY INC.

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SCHMELING BUILDING SUPPLY INC.

Borrower Address

1031 SCHOOL ST

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61101-5930

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106500.00

Current Approval Amount

106500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22504

Servicing Lender Name

Northwest Bank of Rockford

Servicing Lender Address

3106 N Rockton Ave

Servicing Lender City

ROCKFORD

Servicing Lender State

IL

Servicing Lender Zip

61103-2837

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61101-5930

CD

IL-17

Jobs Reported

8

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13312.00

Payroll Proceed

79875.00

Mortgage Interest Proceed

0.00

Rent Proceed

13313.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

22504

Originating Lender

Northwest Bank of Rockford

Originating Lender City

ROCKFORD

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

107068.00

Forgiveness Date

11/03/2020

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