PPP Loan information for Schuette farms

$52,959

Schuette farms was initially approved for PPP Loan of amount $52,959, the current approved amount is $52,959. The loan was approved on 04/15/2020 by The Thumb Bank & Trust reported 10 jobs and $52,959 was used to fund payroll.

Schuette farms is Existing or more than 2 years old

SCHUETTE FARMS

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SCHUETTE FARMS

Borrower Address

5080 BERNE RD

Borrower City

ELKTON

Borrower State

MI

Borrower Zip

48731-9733

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52959.00

Current Approval Amount

52959.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36209

Servicing Lender Name

Thumb Bank & Trust

Servicing Lender Address

7254 Michigan Ave

Servicing Lender City

PIGEON

Servicing Lender State

MI

Servicing Lender Zip

48755

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELKTON

Project County Name

HURON

Project State

MI

Project Zip

48731-9733

CD

MI-09

Jobs Reported

10

NAICS Code

111998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4200.00

Payroll Proceed

38759.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

36209

Originating Lender

Thumb Bank & Trust

Originating Lender City

PIGEON

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53340.59

Forgiveness Date

01/13/2021

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