PPP Loan information for Schultz laboratories, mfr., inc.

$76,105

Schultz laboratories, mfr., inc. was initially approved for PPP Loan of amount $76,105, the current approved amount is $76,105. The loan was approved on 04/08/2020 by The Boone Bank & Trust Co. reported 5 jobs and $76,105 was used to fund payroll.

Schultz laboratories, mfr., inc. is Existing or more than 2 years old

PPP Loan Search / IA / BOONE / Schultz laboratories, mfr., inc.

SCHULTZ LABORATORIES, MFR., INC.

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SCHULTZ LABORATORIES, MFR., INC.

Borrower Address

2618 EASTGATE DR

Borrower City

BOONE

Borrower State

IA

Borrower Zip

50036-2203

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76105.00

Current Approval Amount

76105.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24610

Servicing Lender Name

Boone Bank & Trust Co.

Servicing Lender Address

716 8th St

Servicing Lender City

BOONE

Servicing Lender State

IA

Servicing Lender Zip

50036-2705

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BOONE

Project County Name

BOONE

Project State

IA

Project Zip

50036-2203

CD

IA-04

Jobs Reported

5

NAICS Code

325612

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4500.00

Payroll Proceed

62000.00

Mortgage Interest Proceed

0.00

Rent Proceed

4105.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

5500

Business Type

Corporation

Originating Lender Location Id

24610

Originating Lender

Boone Bank & Trust Co.

Originating Lender City

BOONE

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

76726.52

Forgiveness Date

02/02/2021

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