PPP Loan information for Schrader stoves of michiana inc

$227,500

Schrader stoves of michiana inc was initially approved for PPP Loan of amount $227,500, the current approved amount is $227,500. The loan was approved on 04/09/2020 by The The Huntington National Bank reported 20 jobs and $227,500 was used to fund payroll.

Schrader stoves of michiana inc is Existing or more than 2 years old

SCHRADER STOVES OF MICHIANA INC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SCHRADER STOVES OF MICHIANA INC

Borrower Address

801 N 8th St

Borrower City

NILES

Borrower State

MI

Borrower Zip

49120-1853

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

227500.00

Current Approval Amount

227500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NILES

Project County Name

BERRIEN

Project State

MI

Project Zip

49120-1853

CD

MI-06

Jobs Reported

20

NAICS Code

331210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

227500.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

229151.71

Forgiveness Date

01/14/2021

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