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 01/29/2021 by The Bank of America, National Association reported 75 jobs and $1,067,690 was used to fund payroll.

Schmalz inc is Existing or more than 2 years old

PPP Loan Search / NC / Raleigh / Schmalz inc

SCHMALZ INC

Date Approved

01/29/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

SCHMALZ INC

Borrower Address

5850 Oak Forest Dr

Borrower City

Raleigh

Borrower State

NC

Borrower Zip

27616-2968

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

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

Existing or more than 2 years old

Project City

Raleigh

Project County Name

WAKE

Project State

NC

Project Zip

27616-2968

CD

NC-02

Jobs Reported

75

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1067689.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1074476.41

Forgiveness Date

09/22/2021

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