PPP Loan information for Schummer inc

$451,100

Schummer inc was initially approved for PPP Loan of amount $451,100, the current approved amount is $451,100. The loan was approved on 04/11/2020 by The First-Citizens Bank & Trust Company reported 48 jobs and $451,100 was used to fund payroll.

Schummer inc is New Business or 2 years or less

PPP Loan Search / MD / EDGEWATER / Schummer inc

SCHUMMER INC

Date Approved

04/11/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SCHUMMER INC

Borrower Address

1249 Mayo Rd

Borrower City

EDGEWATER

Borrower State

MD

Borrower Zip

21037

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

451100.00

Current Approval Amount

451100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

EDGEWATER

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21037-0001

CD

MD-05

Jobs Reported

48

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

451100.00

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

Subchapter S Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

453631.17

Forgiveness Date

11/05/2020

;