PPP Loan information for Schaffer grinding co. inc.

$149,000

Schaffer grinding co. inc. was initially approved for PPP Loan of amount $149,000, the current approved amount is $149,000. The loan was approved on 03/24/2021 by The City National Bank reported 18 jobs and $149,000 was used to fund payroll.

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

SCHAFFER GRINDING CO. INC.

Date Approved

03/24/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

SCHAFFER GRINDING CO. INC.

Borrower Address

8470 Chamberlin Rd

Borrower City

Twinsburg

Borrower State

OH

Borrower Zip

44087-2085

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

149000.00

Current Approval Amount

149000.00

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

18

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

148995.00

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

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

150245.07

Forgiveness Date

01/25/2022

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