PPP Loan information for Schager farms, inc.

$81,100

Schager farms, inc. was initially approved for PPP Loan of amount $81,100, the current approved amount is $81,100. The loan was approved on 04/06/2020 by The Green Belt Bank & Trust reported 12 jobs and $81,100 was used to fund payroll.

Schager farms, inc. is Existing or more than 2 years old

SCHAGER FARMS, INC.

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SCHAGER FARMS, INC.

Borrower Address

15491 Co Hwy D20

Borrower City

ALDEN

Borrower State

IA

Borrower Zip

50006-4808

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81100.00

Current Approval Amount

81100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25118

Servicing Lender Name

Green Belt Bank & Trust

Servicing Lender Address

616 Washington Ave

Servicing Lender City

IOWA FALLS

Servicing Lender State

IA

Servicing Lender Zip

50126-2217

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALDEN

Project County Name

HARDIN

Project State

IA

Project Zip

50006-4808

CD

IA-02

Jobs Reported

12

NAICS Code

111199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

70000.00

Mortgage Interest Proceed

0.00

Rent Proceed

11100.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25118

Originating Lender

Green Belt Bank & Trust

Originating Lender City

IOWA FALLS

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

81559.57

Forgiveness Date

11/05/2020

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