PPP Loan information for Michael schanbacher

$7,480

Michael schanbacher was initially approved for PPP Loan of amount $7,480, the current approved amount is $7,480. The loan was approved on 01/25/2021 by The Grinnell State Bank reported 1 jobs and $7,480 was used to fund payroll.

Michael schanbacher is Existing or more than 2 years old

MICHAEL SCHANBACHER

Date Approved

01/25/2021

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MICHAEL SCHANBACHER

Borrower Address

1504 Rainbow Dr

Borrower City

Belle Plaine

Borrower State

IA

Borrower Zip

52208-1338

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7480.00

Current Approval Amount

7480.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25054

Servicing Lender Name

Grinnell State Bank

Servicing Lender Address

814 4th Ave

Servicing Lender City

GRINNELL

Servicing Lender State

IA

Servicing Lender Zip

50112-2041

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Belle Plaine

Project County Name

BENTON

Project State

IA

Project Zip

52208-1338

CD

IA-02

Jobs Reported

1

NAICS Code

112111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

7478.00

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

Sole Proprietorship

Originating Lender Location Id

25054

Originating Lender

Grinnell State Bank

Originating Lender City

GRINNELL

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7508.67

Forgiveness Date

06/15/2021

;