PPP Loan information for Michael s. schafer, inc.

$49,800

Michael s. schafer, inc. was initially approved for PPP Loan of amount $49,800, the current approved amount is $49,800. The loan was approved on 04/30/2020 by The Sutton Bank reported 7 jobs and $49,800 was used to fund payroll.

Michael s. schafer, inc. is Existing or more than 2 years old

PPP Loan Search / OH / BAY VILLAGE / Michael s. schafer, inc.

MICHAEL S. SCHAFER, INC.

Date Approved

04/30/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

MICHAEL S. SCHAFER, INC.

Borrower Address

520 WALMAR RD

Borrower City

BAY VILLAGE

Borrower State

OH

Borrower Zip

44140-1569

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49800.00

Current Approval Amount

49800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53273

Servicing Lender Name

Sutton Bank

Servicing Lender Address

1 S Main St

Servicing Lender City

ATTICA

Servicing Lender State

OH

Servicing Lender Zip

44807-9803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAY VILLAGE

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44140-1569

CD

OH-07

Jobs Reported

7

NAICS Code

523120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

43000.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

2800

Business Type

Subchapter S Corporation

Originating Lender Location Id

53273

Originating Lender

Sutton Bank

Originating Lender City

ATTICA

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50119.27

Forgiveness Date

12/22/2020

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