PPP Loan information for Scheffler enterprises inc.

$95,000

Scheffler enterprises inc. was initially approved for PPP Loan of amount $95,000, the current approved amount is $95,000. The loan was approved on 04/07/2020 by The Cornerstone Bank reported 10 jobs and $95,000 was used to fund payroll.

Scheffler enterprises inc. is Existing or more than 2 years old

SCHEFFLER ENTERPRISES INC.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SCHEFFLER ENTERPRISES INC.

Borrower Address

351 East MAIN ST

Borrower City

SOUTHBRIDGE

Borrower State

MA

Borrower Zip

01550-2928

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

95000.00

Current Approval Amount

95000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTHBRIDGE

Project County Name

WORCESTER

Project State

MA

Project Zip

01550-2928

CD

MA-01

Jobs Reported

10

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

95000.00

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

Subchapter S Corporation

Originating Lender Location Id

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

95981.67

Forgiveness Date

04/29/2021

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