PPP Loan information for Schaefer & sons

$5,890

Schaefer & sons was initially approved for PPP Loan of amount $5,890, the current approved amount is $5,890. The loan was approved on 02/25/2021 by The Frandsen Bank & Trust reported 2 jobs and $5,890 was used to fund payroll.

Schaefer & sons is Existing or more than 2 years old

SCHAEFER & SONS

Date Approved

02/25/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHAEFER & SONS

Borrower Address

51124 165th Ave

Borrower City

Pine Island

Borrower State

MN

Borrower Zip

55963-6781

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

5890.00

Current Approval Amount

5890.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pine Island

Project County Name

GOODHUE

Project State

MN

Project Zip

55963-6781

CD

MN-01

Jobs Reported

2

NAICS Code

112120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

5886.00

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

Partnership

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5930.58

Forgiveness Date

11/05/2021

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