PPP Loan information for Schram auto & truck parts inc

$882,082

Schram auto & truck parts inc was initially approved for PPP Loan of amount $882,082, the current approved amount is $882,082. The loan was approved on 04/27/2020 by The Bank of America, National Association reported 85 jobs and $882,082 was used to fund payroll.

Schram auto & truck parts inc is Unanswered

PPP Loan Search / MI / WATERFORD / Schram auto & truck parts inc

SCHRAM AUTO & TRUCK PARTS INC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SCHRAM AUTO & TRUCK PARTS INC

Borrower Address

2549 Dixie Hwy

Borrower City

WATERFORD

Borrower State

MI

Borrower Zip

48328-1705

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

882082.00

Current Approval Amount

882082.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

WATERFORD

Project County Name

OAKLAND

Project State

MI

Project Zip

48328-1705

CD

MI-11

Jobs Reported

85

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

882082.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

877720.67

Forgiveness Date

12/22/2020

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