PPP Loan information for Schoitz engineering inc.

$474,700

Schoitz engineering inc. was initially approved for PPP Loan of amount $394,700, the current approved amount is $474,700. The loan was approved on 04/06/2020 by The Farmers State Bank reported 33 jobs and $474,700 was used to fund payroll.

Schoitz engineering inc. is Existing or more than 2 years old

PPP Loan Search / IA / WATERLOO / Schoitz engineering inc.

SCHOITZ ENGINEERING INC.

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SCHOITZ ENGINEERING INC.

Borrower Address

4901 Sergeant Road

Borrower City

WATERLOO

Borrower State

IA

Borrower Zip

50704-0546

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

394700.00

Current Approval Amount

474700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25124

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

131 Tower Park Dr, Ste 100

Servicing Lender City

WATERLOO

Servicing Lender State

IA

Servicing Lender Zip

50701-9374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERLOO

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50704-0546

CD

IA-02

Jobs Reported

33

NAICS Code

333514

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

474700.00

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

Corporation

Originating Lender Location Id

25124

Originating Lender

Farmers State Bank

Originating Lender City

WATERLOO

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

478141.58

Forgiveness Date

12/31/2020

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