PPP Loan information for Schaffer grinding co., inc.

$206,600

Schaffer grinding co., inc. was initially approved for PPP Loan of amount $206,600, the current approved amount is $206,600. The loan was approved on 04/11/2020 by The City National Bank reported 22 jobs and $206,600 was used to fund payroll.

Schaffer grinding co., inc. is Existing or more than 2 years old

PPP Loan Search / OH / TWINSBURG / Schaffer grinding co., inc.

SCHAFFER GRINDING CO., INC.

Date Approved

04/11/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

SCHAFFER GRINDING CO., INC.

Borrower Address

8470 CHAMBERLIN RD

Borrower City

TWINSBURG

Borrower State

OH

Borrower Zip

44087-2085

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

206600.00

Current Approval Amount

206600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TWINSBURG

Project County Name

SUMMIT

Project State

OH

Project Zip

44087-2085

CD

OH-13

Jobs Reported

22

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

183295.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

23305.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

208932.03

Forgiveness Date

06/10/2021

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