PPP Loan information for Schumacher insurance group inc

$197,618

Schumacher insurance group inc was initially approved for PPP Loan of amount $197,618, the current approved amount is $197,618. The loan was approved on 04/27/2020 by The Loan Source Incorporated reported 14 jobs and $197,618 was used to fund payroll.

Schumacher insurance group inc is Existing or more than 2 years old

PPP Loan Search / NJ / MONTCLAIR / Schumacher insurance group inc

SCHUMACHER INSURANCE GROUP INC

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SCHUMACHER INSURANCE GROUP INC

Borrower Address

491 BLOOMFIELD AVE SUITE 201

Borrower City

MONTCLAIR

Borrower State

NJ

Borrower Zip

07042

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197617.50

Current Approval Amount

197617.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTCLAIR

Project County Name

ESSEX

Project State

NJ

Project Zip

07042-0091

CD

NJ-11

Jobs Reported

14

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

197617.50

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

80086

Originating Lender

Kearny Bank

Originating Lender City

KEARNY

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

199907.70

Forgiveness Date

07/06/2021

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