PPP Loan information for Schumacher company, l.c.

$362,000

Schumacher company, l.c. was initially approved for PPP Loan of amount $362,000, the current approved amount is $362,000. The loan was approved on 04/06/2020 by The Liberty Trust & Savings Bank reported 32 jobs and $362,000 was used to fund payroll.

Schumacher company, l.c. is Existing or more than 2 years old

SCHUMACHER COMPANY, L.C.

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SCHUMACHER COMPANY, L.C.

Borrower Address

502 W 1st Ave

Borrower City

DURANT

Borrower State

IA

Borrower Zip

52747-7712

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

362000.00

Current Approval Amount

362000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24937

Servicing Lender Name

Liberty Trust & Savings Bank

Servicing Lender Address

502 8th Ave

Servicing Lender City

DURANT

Servicing Lender State

IA

Servicing Lender Zip

52747

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DURANT

Project County Name

CEDAR

Project State

IA

Project Zip

52747-7712

CD

IA-01

Jobs Reported

32

NAICS Code

333111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

362000.00

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

24937

Originating Lender

Liberty Trust & Savings Bank

Originating Lender City

DURANT

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

364011.11

Forgiveness Date

11/03/2020

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