PPP Loan information for Schwartz machine co.

$309,324

Schwartz machine co. was initially approved for PPP Loan of amount $309,324, the current approved amount is $309,324. The loan was approved on 04/11/2020 by The Bank of Ann Arbor reported 18 jobs and $309,324 was used to fund payroll.

Schwartz machine co. is Existing or more than 2 years old

PPP Loan Search / MI / WARREN / Schwartz machine co.

SCHWARTZ MACHINE CO.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SCHWARTZ MACHINE CO.

Borrower Address

4441 E 8 MILE RD

Borrower City

WARREN

Borrower State

MI

Borrower Zip

48091-2707

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

309324.00

Current Approval Amount

309324.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WARREN

Project County Name

MACOMB

Project State

MI

Project Zip

48091-2707

CD

MI-10

Jobs Reported

18

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

309324.00

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

312315.54

Forgiveness Date

04/12/2021

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