PPP Loan information for Schultz excavating & asphalt of ludington, llc

$93,944

Schultz excavating & asphalt of ludington, llc was initially approved for PPP Loan of amount $93,944, the current approved amount is $93,944. The loan was approved on 01/29/2021 by The The Shelby State Bank reported 16 jobs and $93,944 was used to fund payroll.

Schultz excavating & asphalt of ludington, llc is Existing or more than 2 years old

PPP Loan Search / MI / Ludington / Schultz excavating & asphalt of ludington, llc

SCHULTZ EXCAVATING & ASPHALT OF LUDINGTON, LLC

Date Approved

01/29/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SCHULTZ EXCAVATING & ASPHALT OF LUDINGTON, LLC

Borrower Address

5565 6th St

Borrower City

Ludington

Borrower State

MI

Borrower Zip

49431-2637

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

93944.00

Current Approval Amount

93944.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35312

Servicing Lender Name

The Shelby State Bank

Servicing Lender Address

242 N Michigan Ave

Servicing Lender City

SHELBY

Servicing Lender State

MI

Servicing Lender Zip

49455-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ludington

Project County Name

MASON

Project State

MI

Project Zip

49431-2637

CD

MI-02

Jobs Reported

16

NAICS Code

532412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

93943.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

35312

Originating Lender

The Shelby State Bank

Originating Lender City

SHELBY

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

94317.20

Forgiveness Date

06/30/2021

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