PPP Loan information for Schramm ii, inc

$658,410

Schramm ii, inc was initially approved for PPP Loan of amount $686,510, the current approved amount is $658,410. The loan was approved on 05/04/2020 by The Loan Source Incorporated reported 34 jobs and $658,410 was used to fund payroll.

Schramm ii, inc is New Business or 2 years or less

SCHRAMM II, INC

Date Approved

05/04/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

SCHRAMM II, INC

Borrower Address

800 E Virginia Ave

Borrower City

West Chester

Borrower State

PA

Borrower Zip

19380-4430

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

686510.00

Current Approval Amount

658410.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

West Chester

Project County Name

CHESTER

Project State

PA

Project Zip

19380-4430

CD

PA-06

Jobs Reported

34

NAICS Code

333131

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

658410.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

665661.53

Forgiveness Date

06/17/2021

;