PPP Loan information for Schumacher & sons, inc.

$119,200

Schumacher & sons, inc. was initially approved for PPP Loan of amount $119,200, the current approved amount is $119,200. The loan was approved on 04/06/2020 by The First United Bank reported 11 jobs and $119,200 was used to fund payroll.

Schumacher & sons, inc. is Existing or more than 2 years old

SCHUMACHER & SONS, INC.

Date Approved

04/06/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

SCHUMACHER & SONS, INC.

Borrower Address

158 East 12th ST, PO BOX 31

Borrower City

GRAFTON

Borrower State

ND

Borrower Zip

58237-0031

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119200.00

Current Approval Amount

119200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52926

Servicing Lender Name

First United Bank

Servicing Lender Address

503 Briggs Ave South

Servicing Lender City

PARK RIVER

Servicing Lender State

ND

Servicing Lender Zip

58270

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAFTON

Project County Name

WALSH

Project State

ND

Project Zip

58237-0031

CD

ND-

Jobs Reported

11

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

119200.00

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

52926

Originating Lender

First United Bank

Originating Lender City

PARK RIVER

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

119908.58

Forgiveness Date

11/12/2020

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