PPP Loan information for August schell brewery co.

$1,034,200

August schell brewery co. was initially approved for PPP Loan of amount $1,034,200, the current approved amount is $1,034,200. The loan was approved on 04/08/2020 by The Citizens Bank Minnesota reported 95 jobs and $1,034,200 was used to fund payroll.

August schell brewery co. is Existing or more than 2 years old

AUGUST SCHELL BREWERY CO.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AUGUST SCHELL BREWERY CO.

Borrower Address

1860 SCHELLS RD

Borrower City

NEW ULM

Borrower State

MN

Borrower Zip

56073-3834

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1034200.00

Current Approval Amount

1034200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38679

Servicing Lender Name

Citizens Bank Minnesota

Servicing Lender Address

105 N Minnesota St

Servicing Lender City

NEW ULM

Servicing Lender State

MN

Servicing Lender Zip

56073-1729

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW ULM

Project County Name

BROWN

Project State

MN

Project Zip

56073-3834

CD

MN-01

Jobs Reported

95

NAICS Code

312120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1034200.00

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

38679

Originating Lender

Citizens Bank Minnesota

Originating Lender City

NEW ULM

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1039974.28

Forgiveness Date

11/03/2020

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