PPP Loan information for Schwarze farms inc

$59,500

Schwarze farms inc was initially approved for PPP Loan of amount $59,500, the current approved amount is $59,500. The loan was approved on 04/11/2020 by The First Mid Bank & Trust, National Association reported 6 jobs and $59,500 was used to fund payroll.

Schwarze farms inc is Existing or more than 2 years old

PPP Loan Search / IL / DECATUR / Schwarze farms inc

SCHWARZE FARMS INC

Date Approved

04/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SCHWARZE FARMS INC

Borrower Address

3065 E Illiniwick Rd

Borrower City

DECATUR

Borrower State

IL

Borrower Zip

62526-8719

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59500.00

Current Approval Amount

59500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21908

Servicing Lender Name

First Mid Bank & Trust, National Association

Servicing Lender Address

1515 Charleston Ave.

Servicing Lender City

MATTOON

Servicing Lender State

IL

Servicing Lender Zip

61938-3932

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MACON

Project State

IL

Project Zip

62526-8719

CD

IL-15

Jobs Reported

6

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7437.00

Payroll Proceed

44625.00

Mortgage Interest Proceed

0.00

Rent Proceed

7438.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21908

Originating Lender

First Mid Bank & Trust, National Association

Originating Lender City

MATTOON

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60020.62

Forgiveness Date

03/01/2021

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