PPP Loan information for Schwartz electric inc

$811,745

Schwartz electric inc was initially approved for PPP Loan of amount $811,745, the current approved amount is $811,745. The loan was approved on 02/13/2021 by The First State Bank of Middlebury reported 39 jobs and $811,745 was used to fund payroll.

Schwartz electric inc is Existing or more than 2 years old

PPP Loan Search / IN / Wakarusa / Schwartz electric inc

SCHWARTZ ELECTRIC INC

Date Approved

02/13/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

SCHWARTZ ELECTRIC INC

Borrower Address

313 E Waterford St

Borrower City

Wakarusa

Borrower State

IN

Borrower Zip

46573-9533

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

811745.00

Current Approval Amount

811745.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23975

Servicing Lender Name

First State Bank of Middlebury

Servicing Lender Address

111 S Main St

Servicing Lender City

MIDDLEBURY

Servicing Lender State

IN

Servicing Lender Zip

46540

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wakarusa

Project County Name

ELKHART

Project State

IN

Project Zip

46573-9533

CD

IN-02

Jobs Reported

39

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

811745.00

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

23975

Originating Lender

First State Bank of Middlebury

Originating Lender City

MIDDLEBURY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

816525.28

Forgiveness Date

09/15/2021

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