PPP Loan information for Schwan incorporated

$500,000

Schwan incorporated was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 42 jobs and $500,000 was used to fund payroll.

Schwan incorporated is Existing or more than 2 years old

PPP Loan Search / IL / PALATINE / Schwan incorporated

SCHWAN INCORPORATED

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SCHWAN INCORPORATED

Borrower Address

1591 S PAUL LE COMTE CT

Borrower City

PALATINE

Borrower State

IL

Borrower Zip

60067

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PALATINE

Project County Name

COOK

Project State

IL

Project Zip

60067-0200

CD

IL-05

Jobs Reported

42

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

500000.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

503902.78

Forgiveness Date

02/02/2021

;