PPP Loan information for Schafer construction inc

$78,386

Schafer construction inc was initially approved for PPP Loan of amount $78,386, the current approved amount is $78,386. The loan was approved on 04/10/2020 by The Exchange State Bank reported 13 jobs and $78,386 was used to fund payroll.

Schafer construction inc is Existing or more than 2 years old

SCHAFER CONSTRUCTION INC

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SCHAFER CONSTRUCTION INC

Borrower Address

1469 White Pole Road

Borrower City

ADAIR

Borrower State

IA

Borrower Zip

50002-8501

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78386.00

Current Approval Amount

78386.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24529

Servicing Lender Name

Exchange State Bank

Servicing Lender Address

322 Audubon St

Servicing Lender City

ADAIR

Servicing Lender State

IA

Servicing Lender Zip

50002

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ADAIR

Project County Name

GUTHRIE

Project State

IA

Project Zip

50002-8501

CD

IA-03

Jobs Reported

13

NAICS Code

238160

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

78386.00

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

Corporation

Originating Lender Location Id

24529

Originating Lender

Exchange State Bank

Originating Lender City

ADAIR

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

78955.10

Forgiveness Date

01/07/2021

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