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
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
Project County Name
RICE
Project State
Project Zip
CD
MN-02
Jobs Reported
47
NAICS Code
722511
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
146371.31
Forgiveness Date
12/09/2020