Date Approved
04/15/2020
SBA Office Code
0736
Processing Method
PPP
Borrower Name
MICHAEL W. SCHULTE
Borrower Address
1517 GOBBLE ST
Borrower City
MUSCATINE
Borrower State
IA
Borrower Zip
52761-5220
Loan Status Date
12/08/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
23250.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
25117
Servicing Lender Name
MidWestOne Bank
Servicing Lender Address
102 S Clinton St
Servicing Lender City
IOWA CITY
Servicing Lender State
Servicing Lender Zip
52240-4065
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
Project State
Project Zip
CD
IA-01
Jobs Reported
2
NAICS Code
238150
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
2324.92
Payroll Proceed
18600.16
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
23386.92
Forgiveness Date
11/23/2020