PPP Loan information for Schaffer auto body co. inc.

$386,973

Schaffer auto body co. inc. was initially approved for PPP Loan of amount $386,973, the current approved amount is $386,973. The loan was approved on 01/26/2021 by The First National Bank Ames, Iowa reported 28 jobs and $386,973 was used to fund payroll.

Schaffer auto body co. inc. is Existing or more than 2 years old

SCHAFFER AUTO BODY CO. INC.

Date Approved

01/26/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

SCHAFFER AUTO BODY CO. INC.

Borrower Address

1712 E Lincoln Way

Borrower City

Ames

Borrower State

IA

Borrower Zip

50010-6542

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

386972.60

Current Approval Amount

386972.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24544

Servicing Lender Name

First National Bank Ames, Iowa

Servicing Lender Address

405 5th St

Servicing Lender City

AMES

Servicing Lender State

IA

Servicing Lender Zip

50010-6103

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ames

Project County Name

STORY

Project State

IA

Project Zip

50010-6542

CD

IA-04

Jobs Reported

28

NAICS Code

811121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

386970.60

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

Subchapter S Corporation

Originating Lender Location Id

24544

Originating Lender

First National Bank Ames, Iowa

Originating Lender City

AMES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

389008.18

Forgiveness Date

08/10/2021

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