PPP Loan information for Schwab industries, inc.

$1,547,000

Schwab industries, inc. was initially approved for PPP Loan of amount $1,547,500, the current approved amount is $1,547,000. The loan was approved on 04/11/2020 by The The Huntington National Bank reported 95 jobs and $1,547,000 was used to fund payroll.

Schwab industries, inc. is Existing or more than 2 years old

PPP Loan Search / MI / SHELBY TOWNSHIP / Schwab industries, inc.

SCHWAB INDUSTRIES, INC.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SCHWAB INDUSTRIES, INC.

Borrower Address

50850 RIZZO DR

Borrower City

SHELBY TOWNSHIP

Borrower State

MI

Borrower Zip

48315-3248

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1547500.00

Current Approval Amount

1547000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SHELBY TOWNSHIP

Project County Name

MACOMB

Project State

MI

Project Zip

48315-3248

CD

MI-10

Jobs Reported

95

NAICS Code

333514

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1547000.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1558655.48

Forgiveness Date

02/01/2021

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