PPP Loan information for Timothy schaeffer

$20,833

Timothy schaeffer was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 04/30/2021 by The The Farmers and Merchants State Bank reported 1 jobs and $20,833 was used to fund payroll.

Timothy schaeffer is Existing or more than 2 years old

TIMOTHY SCHAEFFER

Date Approved

04/30/2021

SBA Office Code

0876

Processing Method

PPP

Borrower Name

TIMOTHY SCHAEFFER

Borrower Address

42571 287th St

Borrower City

Olivet

Borrower State

SD

Borrower Zip

57052-7101

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66590

Servicing Lender Name

The Farmers and Merchants State Bank

Servicing Lender Address

550 Main St

Servicing Lender City

SCOTLAND

Servicing Lender State

SD

Servicing Lender Zip

57059-7059

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Olivet

Project County Name

HUTCHINSON

Project State

SD

Project Zip

57052-7101

CD

SD-

Jobs Reported

1

NAICS Code

111110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20827.00

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

Sole Proprietorship

Originating Lender Location Id

66590

Originating Lender

The Farmers and Merchants State Bank

Originating Lender City

SCOTLAND

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20994.53

Forgiveness Date

02/15/2022

;