PPP Loan information for Schwalbach hardware inc.

$160,400

Schwalbach hardware inc. was initially approved for PPP Loan of amount $160,400, the current approved amount is $160,400. The loan was approved on 04/04/2020 by The Bank Midwest reported 21 jobs and $160,400 was used to fund payroll.

Schwalbach hardware inc. is Existing or more than 2 years old

SCHWALBACH HARDWARE INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHWALBACH HARDWARE INC.

Borrower Address

193 9TH ST

Borrower City

WINDOM

Borrower State

MN

Borrower Zip

56101-1770

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160400.00

Current Approval Amount

160400.00

Undisbursed Amount

0.00

Franchise Name

Ace Hardware

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WINDOM

Project County Name

COTTONWOOD

Project State

MN

Project Zip

56101-1770

CD

MN-07

Jobs Reported

21

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

160400.00

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

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

162605.50

Forgiveness Date

09/02/2021

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