PPP Loan information for Schultz supply company

$689,300

Schultz supply company was initially approved for PPP Loan of amount $689,300, the current approved amount is $689,300. The loan was approved on 01/29/2021 by The First American Bank reported 47 jobs and $689,300 was used to fund payroll.

Schultz supply company is Existing or more than 2 years old

SCHULTZ SUPPLY COMPANY

Date Approved

01/29/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

SCHULTZ SUPPLY COMPANY

Borrower Address

3215 S 59th Ave

Borrower City

Cicero

Borrower State

IL

Borrower Zip

60804-3805

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

689300.00

Current Approval Amount

689300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21238

Servicing Lender Name

First American Bank

Servicing Lender Address

700 Busse Rd

Servicing Lender City

ELK GROVE VILLAGE

Servicing Lender State

IL

Servicing Lender Zip

60007-2137

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cicero

Project County Name

COOK

Project State

IL

Project Zip

60804-3805

CD

IL-04

Jobs Reported

47

NAICS Code

423440

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

689298.00

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

21238

Originating Lender

First American Bank

Originating Lender City

ELK GROVE VILLAGE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

694662.55

Forgiveness Date

12/22/2021

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