PPP Loan information for Schumacher co. inc.

$1,930,110

Schumacher co. inc. was initially approved for PPP Loan of amount $1,930,110, the current approved amount is $1,930,110. The loan was approved on 04/28/2020 by The Middlesex Savings Bank reported 140 jobs and $1,930,110 was used to fund payroll.

Schumacher co. inc. is Existing or more than 2 years old

PPP Loan Search / MA / WEST BRIDGEWATER / Schumacher co. inc.

SCHUMACHER CO. INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SCHUMACHER CO. INC.

Borrower Address

390 PLEASANT ST

Borrower City

WEST BRIDGEWATER

Borrower State

MA

Borrower Zip

02379-1514

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1930110.00

Current Approval Amount

1930110.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33108

Servicing Lender Name

Middlesex Savings Bank

Servicing Lender Address

6 Main St

Servicing Lender City

NATICK

Servicing Lender State

MA

Servicing Lender Zip

01760-4506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST BRIDGEWATER

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02379-1514

CD

MA-08

Jobs Reported

140

NAICS Code

561730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

50000.00

Payroll Proceed

1600000.00

Mortgage Interest Proceed

280110.00

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

33108

Originating Lender

Middlesex Savings Bank

Originating Lender City

NATICK

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1947749.06

Forgiveness Date

03/31/2021

;