PPP Loan information for Schmelzer paint co inc

$485,230

Schmelzer paint co inc was initially approved for PPP Loan of amount $485,230, the current approved amount is $485,230. The loan was approved on 03/28/2021 by The Associated Bank, National Association reported 14 jobs and $485,230 was used to fund payroll.

Schmelzer paint co inc is Existing or more than 2 years old

SCHMELZER PAINT CO INC

Date Approved

03/28/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

SCHMELZER PAINT CO INC

Borrower Address

902 Stewart St

Borrower City

Madison

Borrower State

WI

Borrower Zip

53713-3249

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

485230.00

Current Approval Amount

485230.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75939

Servicing Lender Name

Associated Bank, National Association

Servicing Lender Address

200 N Adams St

Servicing Lender City

GREEN BAY

Servicing Lender State

WI

Servicing Lender Zip

54301-5142

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Madison

Project County Name

DANE

Project State

WI

Project Zip

53713-3249

CD

WI-02

Jobs Reported

14

NAICS Code

238320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

485228.00

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

75939

Originating Lender

Associated Bank, National Association

Originating Lender City

GREEN BAY

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

489218.19

Forgiveness Date

01/26/2022

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