PPP Loan information for Schultz chocolate company inc

$72,340

Schultz chocolate company inc was initially approved for PPP Loan of amount $72,340, the current approved amount is $72,340. The loan was approved on 01/19/2021 by The Community Bank Owatonna reported 5 jobs and $72,340 was used to fund payroll.

Schultz chocolate company inc is Existing or more than 2 years old

PPP Loan Search / MN / Owatonna / Schultz chocolate company inc

SCHULTZ CHOCOLATE COMPANY INC

Date Approved

01/19/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SCHULTZ CHOCOLATE COMPANY INC

Borrower Address

110 N Cedar Ave

Borrower City

Owatonna

Borrower State

MN

Borrower Zip

55060-2304

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72340.00

Current Approval Amount

72340.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317317

Servicing Lender Name

Community Bank Owatonna

Servicing Lender Address

640 Bridge St

Servicing Lender City

OWATONNA

Servicing Lender State

MN

Servicing Lender Zip

55060-2702

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Owatonna

Project County Name

STEELE

Project State

MN

Project Zip

55060-2304

CD

MN-01

Jobs Reported

5

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

72337.00

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

317317

Originating Lender

Community Bank Owatonna

Originating Lender City

OWATONNA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72661.51

Forgiveness Date

07/08/2021

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