PPP Loan information for Schu-con industries, inc

$53,750

Schu-con industries, inc was initially approved for PPP Loan of amount $53,750, the current approved amount is $53,750. The loan was approved on 04/27/2020 by The The First National Bank of River Falls reported 6 jobs and $53,750 was used to fund payroll.

Schu-con industries, inc is Existing or more than 2 years old

SCHU-CON INDUSTRIES, INC

Date Approved

04/27/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SCHU-CON INDUSTRIES, INC

Borrower Address

410 N MAIN ST

Borrower City

RIVER FALLS

Borrower State

WI

Borrower Zip

54022-2345

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53750.00

Current Approval Amount

53750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76748

Servicing Lender Name

The First National Bank of River Falls

Servicing Lender Address

104 E Locust St

Servicing Lender City

RIVER FALLS

Servicing Lender State

WI

Servicing Lender Zip

54022-2465

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RIVER FALLS

Project County Name

PIERCE

Project State

WI

Project Zip

54022-2345

CD

WI-03

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41750.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

76748

Originating Lender

The First National Bank of River Falls

Originating Lender City

RIVER FALLS

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

54065.14

Forgiveness Date

12/02/2020

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