PPP Loan information for Schwalbach holdings inc.

$252,000

Schwalbach holdings inc. was initially approved for PPP Loan of amount $252,000, the current approved amount is $252,000. The loan was approved on 04/04/2020 by The Bank Midwest reported 30 jobs and $252,000 was used to fund payroll.

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

PPP Loan Search / MN / WINDOM / Schwalbach holdings inc.

SCHWALBACH HOLDINGS INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHWALBACH HOLDINGS 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

252000.00

Current Approval Amount

252000.00

Undisbursed Amount

0.00

Franchise Name

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

30

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

252000.00

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

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

255479.00

Forgiveness Date

09/02/2021

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