PPP Loan information for Schmalz inc

$1,067,690

Schmalz inc was initially approved for PPP Loan of amount $1,067,690, the current approved amount is $1,067,690. The loan was approved on 04/30/2020 by The Bank of America, National Association reported 74 jobs and $1,067,690 was used to fund payroll.

Schmalz inc is Unanswered

PPP Loan Search / NC / RALEIGH / Schmalz inc

SCHMALZ INC

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SCHMALZ INC

Borrower Address

5850 Oak Forest Dr

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27616-2968

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1067690.00

Current Approval Amount

1067690.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27616-2968

CD

NC-02

Jobs Reported

74

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1067690.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1059730.76

Forgiveness Date

11/24/2020

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