PPP Loan information for Schwantes heating and air conditioning inc.

$199,300

Schwantes heating and air conditioning inc. was initially approved for PPP Loan of amount $199,300, the current approved amount is $199,300. The loan was approved on 04/03/2020 by The First State Bank and Trust reported 12 jobs and $199,300 was used to fund payroll.

Schwantes heating and air conditioning inc. is Existing or more than 2 years old

SCHWANTES HEATING AND AIR CONDITIONING INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHWANTES HEATING AND AIR CONDITIONING INC.

Borrower Address

6080 Oren Avenue North

Borrower City

STILLWATER

Borrower State

MN

Borrower Zip

55082-6171

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

199300.00

Current Approval Amount

199300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36629

Servicing Lender Name

First State Bank and Trust

Servicing Lender Address

950 N Hwy 95

Servicing Lender City

BAYPORT

Servicing Lender State

MN

Servicing Lender Zip

55003-1014

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STILLWATER

Project County Name

WASHINGTON

Project State

MN

Project Zip

55082-6171

CD

MN-04

Jobs Reported

12

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3900.00

Payroll Proceed

185400.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36629

Originating Lender

First State Bank and Trust

Originating Lender City

BAYPORT

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

200872.26

Forgiveness Date

01/25/2021

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