PPP Loan information for Schakeman, inc.

$145,414

Schakeman, inc. was initially approved for PPP Loan of amount $145,414, the current approved amount is $145,414. The loan was approved on 04/05/2020 by The Sterling Bank reported 47 jobs and $145,414 was used to fund payroll.

Schakeman, inc. is Existing or more than 2 years old

SCHAKEMAN, INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHAKEMAN, INC.

Borrower Address

960 Highway 3 South

Borrower City

NORTHFIELD

Borrower State

MN

Borrower Zip

55057-2463

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

145414.00

Current Approval Amount

145414.00

Undisbursed Amount

0.00

Franchise Name

Culver's ButterBurgers & Frozen Custard

Servicing Lender Location Id

75627

Servicing Lender Name

Sterling Bank

Servicing Lender Address

234 E LaSalle Ave

Servicing Lender City

BARRON

Servicing Lender State

WI

Servicing Lender Zip

54812-1425

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTHFIELD

Project County Name

RICE

Project State

MN

Project Zip

55057-2463

CD

MN-02

Jobs Reported

47

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

145414.00

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

Corporation

Originating Lender Location Id

75627

Originating Lender

Sterling Bank

Originating Lender City

BARRON

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

146371.31

Forgiveness Date

12/09/2020

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