PPP Loan information for Galen schaeffer

$16,871

Galen schaeffer was initially approved for PPP Loan of amount $16,871, the current approved amount is $16,871. The loan was approved on 01/29/2021 by The Merchants State Bank reported 1 jobs and $16,871 was used to fund payroll.

Galen schaeffer is Existing or more than 2 years old

GALEN SCHAEFFER

Date Approved

01/29/2021

SBA Office Code

0876

Processing Method

PPP

Borrower Name

GALEN SCHAEFFER

Borrower Address

27750 431ST AVE

Borrower City

FREEMAN

Borrower State

SD

Borrower Zip

57029

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

16871.00

Current Approval Amount

16871.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66522

Servicing Lender Name

Merchants State Bank

Servicing Lender Address

305 S Main St

Servicing Lender City

FREEMAN

Servicing Lender State

SD

Servicing Lender Zip

57029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FREEMAN

Project County Name

HUTCHINSON

Project State

SD

Project Zip

57029

CD

SD-

Jobs Reported

1

NAICS Code

112111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16871.00

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

66522

Originating Lender

Merchants State Bank

Originating Lender City

FREEMAN

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

16943.17

Forgiveness Date

07/07/2021

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