PPP Loan information for Schuler's inc

$648,600

Schuler's inc was initially approved for PPP Loan of amount $648,600, the current approved amount is $648,600. The loan was approved on 01/17/2021 by The Homestead Savings Bank reported 86 jobs and $648,600 was used to fund payroll.

Schuler's inc is Existing or more than 2 years old

SCHULER'S INC

Date Approved

01/17/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SCHULER'S INC

Borrower Address

115 S Eagle St

Borrower City

Marshall

Borrower State

MI

Borrower Zip

49068-1511

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

648600.00

Current Approval Amount

648600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79922

Servicing Lender Name

Homestead Savings Bank

Servicing Lender Address

415 S Superior St

Servicing Lender City

ALBION

Servicing Lender State

MI

Servicing Lender Zip

49224-2174

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marshall

Project County Name

CALHOUN

Project State

MI

Project Zip

49068-1511

CD

MI-05

Jobs Reported

86

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

648596.00

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

79922

Originating Lender

Homestead Savings Bank

Originating Lender City

ALBION

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

652384.98

Forgiveness Date

08/27/2021

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