PPP Loan information for Schafer powder coating, inc.

$666,322

Schafer powder coating, inc. was initially approved for PPP Loan of amount $666,322, the current approved amount is $666,322. The loan was approved on 04/05/2020 by The Lake City Bank reported 56 jobs and $666,322 was used to fund payroll.

Schafer powder coating, inc. is Existing or more than 2 years old

SCHAFER POWDER COATING, INC.

Date Approved

04/05/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SCHAFER POWDER COATING, INC.

Borrower Address

4518 West 99th Street

Borrower City

CARMEL

Borrower State

IN

Borrower Zip

46032-7715

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

666322.00

Current Approval Amount

666322.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARMEL

Project County Name

HAMILTON

Project State

IN

Project Zip

46032-7715

CD

IN-05

Jobs Reported

56

NAICS Code

332812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

33316.00

Payroll Proceed

499742.00

Mortgage Interest Proceed

0.00

Rent Proceed

133264.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

671411.96

Forgiveness Date

01/14/2021

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