PPP Loan information for Schulte automotive

$1,179,400

Schulte automotive was initially approved for PPP Loan of amount $1,179,400, the current approved amount is $1,179,400. The loan was approved on 04/04/2020 by The Plains Commerce Bank reported 86 jobs and $1,179,400 was used to fund payroll.

Schulte automotive is Existing or more than 2 years old

SCHULTE AUTOMOTIVE

Date Approved

04/04/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

SCHULTE AUTOMOTIVE

Borrower Address

7601 S. Minnesota Ave

Borrower City

SIOUX FALLS

Borrower State

SD

Borrower Zip

57108-2620

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1179400.00

Current Approval Amount

1179400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66533

Servicing Lender Name

Plains Commerce Bank

Servicing Lender Address

220 Main St

Servicing Lender City

HOVEN

Servicing Lender State

SD

Servicing Lender Zip

57450

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SIOUX FALLS

Project County Name

LINCOLN

Project State

SD

Project Zip

57108-2620

CD

SD-

Jobs Reported

86

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1179400.00

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

66533

Originating Lender

Plains Commerce Bank

Originating Lender City

HOVEN

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1196173.69

Forgiveness Date

09/01/2021

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