PPP Loan information for Schulte transmission service inc

$44,227

Schulte transmission service inc was initially approved for PPP Loan of amount $44,227, the current approved amount is $44,227. The loan was approved on 02/10/2021 by The Deerwood Bank reported 6 jobs and $44,227 was used to fund payroll.

Schulte transmission service inc is Existing or more than 2 years old

PPP Loan Search / MN / Waite Park / Schulte transmission service inc

SCHULTE TRANSMISSION SERVICE INC

Date Approved

02/10/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SCHULTE TRANSMISSION SERVICE INC

Borrower Address

18 2nd Ave N

Borrower City

Waite Park

Borrower State

MN

Borrower Zip

56387-1113

Loan Status Date

11/02/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

44227.00

Current Approval Amount

44227.00

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

WAITE PARK

Servicing Lender State

MN

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

Waite Park

Project County Name

STEARNS

Project State

MN

Project Zip

56387-1113

CD

MN-06

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

44224.00

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

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

44492.36

Forgiveness Date

09/22/2021

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