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
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SUMMIT
Project State
Project Zip
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
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non Profit
Forgiveness Amount
150245.07
Forgiveness Date
01/25/2022