PPP Loan information for The schuett companies, inc.

$539,800

The schuett companies, inc. was initially approved for PPP Loan of amount $496,000, the current approved amount is $539,800. The loan was approved on 04/06/2020 by The Bridgewater Bank reported 64 jobs and $539,800 was used to fund payroll.

The schuett companies, inc. is Existing or more than 2 years old

THE SCHUETT COMPANIES, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE SCHUETT COMPANIES, INC.

Borrower Address

9000 GOLDEN VALLEY RD

Borrower City

GOLDEN VALLEY

Borrower State

MN

Borrower Zip

55427-4314

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

496000.00

Current Approval Amount

539800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

436783

Servicing Lender Name

Bridgewater Bank

Servicing Lender Address

4450 Excelsior Blvd

Servicing Lender City

SAINT LOUIS PARK

Servicing Lender State

MN

Servicing Lender Zip

55416-5385

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GOLDEN VALLEY

Project County Name

HENNEPIN

Project State

MN

Project Zip

55427-4314

CD

MN-05

Jobs Reported

64

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

404850.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

134950

Business Type

Corporation

Originating Lender Location Id

436783

Originating Lender

Bridgewater Bank

Originating Lender City

SAINT LOUIS PARK

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

546026.19

Forgiveness Date

06/11/2021

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