PPP Loan information for Schuch enterprises, llc

$57,200

Schuch enterprises, llc was initially approved for PPP Loan of amount $57,200, the current approved amount is $57,200. The loan was approved on 04/03/2020 by The American Bank, National Association reported 11 jobs and $57,200 was used to fund payroll.

Schuch enterprises, llc is Existing or more than 2 years old

PPP Loan Search / IA / LE MARS / Schuch enterprises, llc

SCHUCH ENTERPRISES, LLC

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SCHUCH ENTERPRISES, LLC

Borrower Address

26 1st Ave. SW

Borrower City

LE MARS

Borrower State

IA

Borrower Zip

51031-3506

Loan Status Date

04/02/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57200.00

Current Approval Amount

57200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25420

Servicing Lender Name

American Bank, National Association

Servicing Lender Address

234 5th Ave SW

Servicing Lender City

LE MARS

Servicing Lender State

IA

Servicing Lender Zip

51031-1917

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LE MARS

Project County Name

PLYMOUTH

Project State

IA

Project Zip

51031-3506

CD

IA-04

Jobs Reported

11

NAICS Code

448190

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

49200.00

Mortgage Interest Proceed

0.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25420

Originating Lender

American Bank, National Association

Originating Lender City

LE MARS

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57619.99

Forgiveness Date

01/07/2021

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