PPP Loan information for Schoen + sandt machinery gmbh

$199,650

Schoen + sandt machinery gmbh was initially approved for PPP Loan of amount $199,650, the current approved amount is $199,650. The loan was approved on 02/17/2021 by The North Shore Bank, a Co-operative Bank reported 16 jobs and $199,650 was used to fund payroll.

Schoen + sandt machinery gmbh is Existing or more than 2 years old

SCHOEN + SANDT MACHINERY GMBH

Date Approved

02/17/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SCHOEN + SANDT MACHINERY GMBH

Borrower Address

100 Cummings Ctr Ste 140A

Borrower City

Beverly

Borrower State

MA

Borrower Zip

01915-6135

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

199649.75

Current Approval Amount

199649.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89255

Servicing Lender Name

North Shore Bank, a Co-operative Bank

Servicing Lender Address

248 Andover St, Route 114

Servicing Lender City

Peabody

Servicing Lender State

MA

Servicing Lender Zip

01960-1502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Beverly

Project County Name

ESSEX

Project State

MA

Project Zip

01915-6135

CD

MA-06

Jobs Reported

16

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

199647.75

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

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

200426.17

Forgiveness Date

07/09/2021

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