PPP Loan information for Schommer food incorporated

$171,500

Schommer food incorporated was initially approved for PPP Loan of amount $171,500, the current approved amount is $171,500. The loan was approved on 04/13/2020 by The Johnson Bank reported 49 jobs and $171,500 was used to fund payroll.

Schommer food incorporated is Existing or more than 2 years old

SCHOMMER FOOD INCORPORATED

Date Approved

04/13/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SCHOMMER FOOD INCORPORATED

Borrower Address

421 W COTTAGE GROVE RD

Borrower City

COTTAGE GROVE

Borrower State

WI

Borrower Zip

53527-9385

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

171500.00

Current Approval Amount

171500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COTTAGE GROVE

Project County Name

DANE

Project State

WI

Project Zip

53527-9385

CD

WI-02

Jobs Reported

49

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

171500.00

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

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

172580.68

Forgiveness Date

12/09/2020

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