PPP Loan information for Schroepfer inc

$258,700

Schroepfer inc was initially approved for PPP Loan of amount $258,700, the current approved amount is $258,700. The loan was approved on 04/07/2020 by The Americana Community Bank reported 22 jobs and $258,700 was used to fund payroll.

Schroepfer inc is Existing or more than 2 years old

SCHROEPFER INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHROEPFER INC

Borrower Address

22071 State Highway 4

Borrower City

SLEEPY EYE

Borrower State

MN

Borrower Zip

56085-5060

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

258700.00

Current Approval Amount

258700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38900

Servicing Lender Name

Americana Community Bank

Servicing Lender Address

300 Main St W

Servicing Lender City

SLEEPY EYE

Servicing Lender State

MN

Servicing Lender Zip

56085-1332

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SLEEPY EYE

Project County Name

BROWN

Project State

MN

Project Zip

56085-5060

CD

MN-01

Jobs Reported

22

NAICS Code

484121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8000.00

Payroll Proceed

220000.00

Mortgage Interest Proceed

12700.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9000.00

Debt Interest Proceed

9000

Business Type

Corporation

Originating Lender Location Id

38900

Originating Lender

Americana Community Bank

Originating Lender City

SLEEPY EYE

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

260762.41

Forgiveness Date

01/20/2021

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