PPP Loan information for Schnell bros., ltd.

$121,000

Schnell bros., ltd. was initially approved for PPP Loan of amount $121,000, the current approved amount is $121,000. The loan was approved on 04/06/2020 by The United Community Bank reported 60 jobs and $121,000 was used to fund payroll.

Schnell bros., ltd. is Existing or more than 2 years old

PPP Loan Search / IA / SPIRIT LAKE / Schnell bros., ltd.

SCHNELL BROS., LTD.

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SCHNELL BROS., LTD.

Borrower Address

1665 HWY 86

Borrower City

SPIRIT LAKE

Borrower State

IA

Borrower Zip

51360-7561

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121000.00

Current Approval Amount

121000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25262

Servicing Lender Name

United Community Bank

Servicing Lender Address

1000 Okoboji Ave

Servicing Lender City

MILFORD

Servicing Lender State

IA

Servicing Lender Zip

51351-1375

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPIRIT LAKE

Project County Name

DICKINSON

Project State

IA

Project Zip

51360-7561

CD

IA-04

Jobs Reported

60

NAICS Code

713910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12100.00

Payroll Proceed

96800.00

Mortgage Interest Proceed

12100.00

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

25262

Originating Lender

United Community Bank

Originating Lender City

MILFORD

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

121818.82

Forgiveness Date

12/21/2020

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