PPP Loan information for Joe schnell welding and machine company inc.

$3,755

Joe schnell welding and machine company inc. was initially approved for PPP Loan of amount $3,755, the current approved amount is $3,755. The loan was approved on 03/04/2021 by The First National Bank reported 1 jobs and $3,755 was used to fund payroll.

Joe schnell welding and machine company inc. is Existing or more than 2 years old

JOE SCHNELL WELDING AND MACHINE COMPANY INC.

Date Approved

03/04/2021

SBA Office Code

0876

Processing Method

PPP

Borrower Name

JOE SCHNELL WELDING AND MACHINE COMPANY INC.

Borrower Address

104 2nd St NW

Borrower City

Lake Preston

Borrower State

SD

Borrower Zip

57249-2148

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

3754.80

Current Approval Amount

3754.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38099

Servicing Lender Name

First National Bank

Servicing Lender Address

141 E Main St

Servicing Lender City

OLDHAM

Servicing Lender State

SD

Servicing Lender Zip

57051

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lake Preston

Project County Name

KINGSBURY

Project State

SD

Project Zip

57249-2148

CD

SD-

Jobs Reported

1

NAICS Code

333992

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

3751.80

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

Subchapter S Corporation

Originating Lender Location Id

38099

Originating Lender

First National Bank

Originating Lender City

OLDHAM

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3775.87

Forgiveness Date

09/28/2021

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