PPP Loan information for Schostak brothers & company inc.

$1,203,827

Schostak brothers & company inc. was initially approved for PPP Loan of amount $1,203,827, the current approved amount is $1,203,827. The loan was approved on 01/29/2021 by The Bank Michigan reported 63 jobs and $1,203,827 was used to fund payroll.

Schostak brothers & company inc. is Existing or more than 2 years old

SCHOSTAK BROTHERS & COMPANY INC.

Date Approved

01/29/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SCHOSTAK BROTHERS & COMPANY INC.

Borrower Address

17800 N Laurel Park Dr Ste 200C

Borrower City

Livonia

Borrower State

MI

Borrower Zip

48152-3985

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1203827.00

Current Approval Amount

1203827.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36187

Servicing Lender Name

Bank Michigan

Servicing Lender Address

417 S Main St

Servicing Lender City

BROOKLYN

Servicing Lender State

MI

Servicing Lender Zip

49230-8616

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Livonia

Project County Name

WAYNE

Project State

MI

Project Zip

48152-3985

CD

MI-12

Jobs Reported

63

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1203824.00

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

36187

Originating Lender

Bank Michigan

Originating Lender City

BROOKLYN

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1211808.54

Forgiveness Date

09/29/2021

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