PPP Loan information for Schrage inc

$8,998

Schrage inc was initially approved for PPP Loan of amount $8,998, the current approved amount is $8,998. The loan was approved on 03/20/2021 by The Iowa State Bank reported 3 jobs and $8,998 was used to fund payroll.

Schrage inc is Existing or more than 2 years old

SCHRAGE INC

Date Approved

03/20/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SCHRAGE INC

Borrower Address

303 11th St

Borrower City

Aplington

Borrower State

IA

Borrower Zip

50604-1013

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

8998.00

Current Approval Amount

8998.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24774

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

100 N Main St

Servicing Lender City

CLARKSVILLE

Servicing Lender State

IA

Servicing Lender Zip

50619-2020

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Aplington

Project County Name

BUTLER

Project State

IA

Project Zip

50604-1013

CD

IA-02

Jobs Reported

3

NAICS Code

111150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

8992.00

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

Subchapter S Corporation

Originating Lender Location Id

24774

Originating Lender

Iowa State Bank

Originating Lender City

CLARKSVILLE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

9036.95

Forgiveness Date

09/01/2021

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