PPP Loan information for Schumacher machine repair co.

$42,835

Schumacher machine repair co. was initially approved for PPP Loan of amount $42,835, the current approved amount is $42,835. The loan was approved on 04/14/2020 by The Forte Bank reported 7 jobs and $42,835 was used to fund payroll.

Schumacher machine repair co. is Existing or more than 2 years old

SCHUMACHER MACHINE REPAIR CO.

Date Approved

04/14/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SCHUMACHER MACHINE REPAIR CO.

Borrower Address

6381 CELTIC CROSSING

Borrower City

HARTFORD

Borrower State

WI

Borrower Zip

53027-9231

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42835.00

Current Approval Amount

42835.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75979

Servicing Lender Name

Forte Bank

Servicing Lender Address

116 W Sumner St

Servicing Lender City

HARTFORD

Servicing Lender State

WI

Servicing Lender Zip

53027-1408

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HARTFORD

Project County Name

WASHINGTON

Project State

WI

Project Zip

53027-9231

CD

WI-05

Jobs Reported

7

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42835.00

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

Corporation

Originating Lender Location Id

75979

Originating Lender

Forte Bank

Originating Lender City

HARTFORD

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

43148.34

Forgiveness Date

01/14/2021

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