PPP Loan information for Schwan wholesale, inc.

$164,000

Schwan wholesale, inc. was initially approved for PPP Loan of amount $164,000, the current approved amount is $164,000. The loan was approved on 04/12/2020 by The Horizon Financial Bank reported 14 jobs and $164,000 was used to fund payroll.

Schwan wholesale, inc. is Existing or more than 2 years old

SCHWAN WHOLESALE, INC.

Date Approved

04/12/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

SCHWAN WHOLESALE, INC.

Borrower Address

221 3RD ST SE

Borrower City

DEVILS LAKE

Borrower State

ND

Borrower Zip

58301-2907

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

164000.00

Current Approval Amount

164000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52910

Servicing Lender Name

Horizon Financial Bank

Servicing Lender Address

416 Main St

Servicing Lender City

MUNICH

Servicing Lender State

ND

Servicing Lender Zip

58352

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DEVILS LAKE

Project County Name

RAMSEY

Project State

ND

Project Zip

58301-2907

CD

ND-

Jobs Reported

14

NAICS Code

424810

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

164000.00

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

52910

Originating Lender

Horizon Financial Bank

Originating Lender City

MUNICH

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

165568.11

Forgiveness Date

03/31/2021

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