PPP Loan information for Schnitzels inc

$158,300

Schnitzels inc was initially approved for PPP Loan of amount $158,300, the current approved amount is $158,300. The loan was approved on 06/29/2020 by The Fountainhead SBF LLC reported 50 jobs and $158,300 was used to fund payroll.

Schnitzels inc is Existing or more than 2 years old

SCHNITZELS INC

Date Approved

06/29/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

SCHNITZELS INC

Borrower Address

2298 East College Avenue

Borrower City

State College

Borrower State

PA

Borrower Zip

16801-7205

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

158300.00

Current Approval Amount

158300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

524612

Servicing Lender Name

Fountainhead SBF LLC

Servicing Lender Address

3216 W. Lake Mary Blvd

Servicing Lender City

LAKE MARY

Servicing Lender State

FL

Servicing Lender Zip

32746

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

State College

Project County Name

CENTRE

Project State

PA

Project Zip

16801-7205

CD

PA-15

Jobs Reported

50

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

158300.00

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

524612

Originating Lender

Fountainhead SBF LLC

Originating Lender City

LAKE MARY

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

159896.19

Forgiveness Date

07/15/2021

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