PPP Loan information for Schulz iron works, inc.

$485,417

Schulz iron works, inc. was initially approved for PPP Loan of amount $485,417, the current approved amount is $485,417. The loan was approved on 04/28/2020 by The First Horizon Bank reported 40 jobs and $485,417 was used to fund payroll.

Schulz iron works, inc. is Existing or more than 2 years old

PPP Loan Search / NC / RALEIGH / Schulz iron works, inc.

SCHULZ IRON WORKS, INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SCHULZ IRON WORKS, INC.

Borrower Address

1620 WOLFPACK LN

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27609

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

485417.00

Current Approval Amount

485417.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27609-0008

CD

NC-02

Jobs Reported

40

NAICS Code

238120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

485417.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

490419.49

Forgiveness Date

05/11/2021

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