PPP Loan information for Schumm concrete incorporated

$32,700

Schumm concrete incorporated was initially approved for PPP Loan of amount $32,700, the current approved amount is $32,700. The loan was approved on 01/31/2021 by The Minnwest Bank reported 7 jobs and $32,700 was used to fund payroll.

Schumm concrete incorporated is Existing or more than 2 years old

SCHUMM CONCRETE INCORPORATED

Date Approved

01/31/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SCHUMM CONCRETE INCORPORATED

Borrower Address

28558 Isle Ave

Borrower City

Northfield

Borrower State

MN

Borrower Zip

55057-5161

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

32700.00

Current Approval Amount

32700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Northfield

Project County Name

DAKOTA

Project State

MN

Project Zip

55057-5161

CD

MN-02

Jobs Reported

7

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

32699.00

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

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32957.12

Forgiveness Date

12/15/2021

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