PPP Loan information for Schacht spindle co inc

$486,577

Schacht spindle co inc was initially approved for PPP Loan of amount $486,577, the current approved amount is $486,577. The loan was approved on 03/01/2021 by The BMO Harris Bank National Association reported 50 jobs and $486,577 was used to fund payroll.

Schacht spindle co inc is Existing or more than 2 years old

SCHACHT SPINDLE CO INC

Date Approved

03/01/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

SCHACHT SPINDLE CO INC

Borrower Address

6101 Ben Pl

Borrower City

Boulder

Borrower State

CO

Borrower Zip

80301-2982

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

486577.00

Current Approval Amount

486577.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Boulder

Project County Name

BOULDER

Project State

CO

Project Zip

80301-2982

CD

CO-02

Jobs Reported

50

NAICS Code

333249

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

486572.00

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

Corporation

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

488090.80

Forgiveness Date

06/23/2021

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