Date Approved
04/07/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
SCHULTE TRANSMISSION INC
Borrower Address
18 2nd Ave N
Borrower City
WAITE PARK
Borrower State
MN
Borrower Zip
56387-1113
Loan Status Date
02/25/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
44200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36772
Servicing Lender Name
Deerwood Bank
Servicing Lender Address
131 6th Ave South, Ste 100
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
56387-1360
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
STEARNS
Project State
Project Zip
CD
MN-06
Jobs Reported
6
NAICS Code
811111
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
2000.00
Payroll Proceed
35400.00
Mortgage Interest Proceed
Rent Proceed
6800.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
44525.36
Forgiveness Date
01/08/2021