PPP Loan information for Schone's, inc.

$110,201

Schone's, inc. was initially approved for PPP Loan of amount $110,201, the current approved amount is $110,201. The loan was approved on 04/28/2020 by The Lake Elmo Bank reported 22 jobs and $110,201 was used to fund payroll.

Schone's, inc. is Existing or more than 2 years old

SCHONE'S, INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHONE'S, INC.

Borrower Address

8390 LOFTON AVE North

Borrower City

STILLWATER

Borrower State

MN

Borrower Zip

55082-8418

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

110201.00

Current Approval Amount

110201.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38298

Servicing Lender Name

Lake Elmo Bank

Servicing Lender Address

11465 39th St N

Servicing Lender City

LAKE ELMO

Servicing Lender State

MN

Servicing Lender Zip

55042-7525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STILLWATER

Project County Name

WASHINGTON

Project State

MN

Project Zip

55082-8418

CD

MN-04

Jobs Reported

22

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12901.00

Payroll Proceed

95000.00

Mortgage Interest Proceed

1500.00

Rent Proceed

800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38298

Originating Lender

Lake Elmo Bank

Originating Lender City

LAKE ELMO

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

111028.26

Forgiveness Date

02/01/2021

;