PPP Loan information for Schuler shoes inc

$2,000,000

Schuler shoes inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/20/2021 by The Citizens Independent Bank reported 254 jobs and $2,000,000 was used to fund payroll.

Schuler shoes inc is Existing or more than 2 years old

SCHULER SHOES INC

Date Approved

01/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SCHULER SHOES INC

Borrower Address

11400 Elm Creek Blvd N

Borrower City

Maple Grove

Borrower State

MN

Borrower Zip

55369-7528

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38830

Servicing Lender Name

Citizens Independent Bank

Servicing Lender Address

5000 W 36th St

Servicing Lender City

SAINT LOUIS PARK

Servicing Lender State

MN

Servicing Lender Zip

55416-2758

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Maple Grove

Project County Name

HENNEPIN

Project State

MN

Project Zip

55369-7528

CD

MN-03

Jobs Reported

254

NAICS Code

448210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

Subchapter S Corporation

Originating Lender Location Id

38830

Originating Lender

Citizens Independent Bank

Originating Lender City

SAINT LOUIS PARK

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2010136.99

Forgiveness Date

07/27/2021

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