PPP Loan information for Schuman electric

$32,412

Schuman electric was initially approved for PPP Loan of amount $32,412, the current approved amount is $32,412. The loan was approved on 04/06/2020 by The Commercial State Bank of Wagner reported 3 jobs and $32,412 was used to fund payroll.

Schuman electric is Existing or more than 2 years old

PPP Loan Search / SD / GEDDES / Schuman electric

SCHUMAN ELECTRIC

Date Approved

04/06/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

SCHUMAN ELECTRIC

Borrower Address

29342 374TH AVE

Borrower City

GEDDES

Borrower State

SD

Borrower Zip

57342-6806

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32412.00

Current Approval Amount

32412.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66697

Servicing Lender Name

Commercial State Bank of Wagner

Servicing Lender Address

204 S Main St

Servicing Lender City

WAGNER

Servicing Lender State

SD

Servicing Lender Zip

57380-2004

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GEDDES

Project County Name

CHARLES MIX

Project State

SD

Project Zip

57342-6806

CD

SD-

Jobs Reported

3

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

32412.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

66697

Originating Lender

Commercial State Bank of Wagner

Originating Lender City

WAGNER

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32589.60

Forgiveness Date

11/02/2020

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