PPP Loan information for Schultz properties investments, llc

$385,800

Schultz properties investments, llc was initially approved for PPP Loan of amount $385,800, the current approved amount is $385,800. The loan was approved on 04/04/2020 by The RiverWood Bank reported 105 jobs and $385,800 was used to fund payroll.

Schultz properties investments, llc is Existing or more than 2 years old

PPP Loan Search / MN / ALEXANDRIA / Schultz properties investments, llc

SCHULTZ PROPERTIES INVESTMENTS, LLC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHULTZ PROPERTIES INVESTMENTS, LLC

Borrower Address

5637 State Highway 29 South

Borrower City

ALEXANDRIA

Borrower State

MN

Borrower Zip

56308-6034

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

385800.00

Current Approval Amount

385800.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn

Servicing Lender Location Id

78088

Servicing Lender Name

RiverWood Bank

Servicing Lender Address

14540 Dellwood Dr

Servicing Lender City

BAXTER

Servicing Lender State

MN

Servicing Lender Zip

56425-9744

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDRIA

Project County Name

DOUGLAS

Project State

MN

Project Zip

56308-6034

CD

MN-07

Jobs Reported

105

NAICS Code

523910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

40611.00

Payroll Proceed

308718.00

Mortgage Interest Proceed

36471.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

78088

Originating Lender

RiverWood Bank

Originating Lender City

BAXTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

388350.57

Forgiveness Date

12/09/2020

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