PPP Loan information for Schramel law office

$36,800

Schramel law office was initially approved for PPP Loan of amount $42,700, the current approved amount is $36,800. The loan was approved on 04/04/2020 by The Bank Midwest reported 3 jobs and $36,800 was used to fund payroll.

Schramel law office is Existing or more than 2 years old

SCHRAMEL LAW OFFICE

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHRAMEL LAW OFFICE

Borrower Address

910 4TH AVE

Borrower City

WINDOM

Borrower State

MN

Borrower Zip

56101-1639

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42700.00

Current Approval Amount

36800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WINDOM

Project County Name

COTTONWOOD

Project State

MN

Project Zip

56101-1639

CD

MN-07

Jobs Reported

3

NAICS Code

541110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

36800.00

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

Sole Proprietorship

Originating Lender Location Id

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

37139.38

Forgiveness Date

03/29/2021

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