PPP Loan information for Ronald l schafer

$20,833

Ronald l schafer was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 03/26/2021 by The Farmers State Bank reported 1 jobs and $20,833 was used to fund payroll.

Ronald l schafer is Existing or more than 2 years old

RONALD L SCHAFER

Date Approved

03/26/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

RONALD L SCHAFER

Borrower Address

209 150th St

Borrower City

West Bend

Borrower State

IA

Borrower Zip

50597-8523

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.33

Current Approval Amount

20833.33

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25608

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

501 E State St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2837

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Bend

Project County Name

KOSSUTH

Project State

IA

Project Zip

50597-8523

CD

IA-04

Jobs Reported

1

NAICS Code

111150

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20833.33

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

25608

Originating Lender

Farmers State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20902.20

Forgiveness Date

07/28/2021

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