PPP Loan information for Schumacher elevator co inc

$5,567,312

Schumacher elevator co inc was initially approved for PPP Loan of amount $5,567,312, the current approved amount is $5,567,312. The loan was approved on 04/09/2020 by The Heartland Bank reported 229 jobs and $5,567,312 was used to fund payroll.

Schumacher elevator co inc is Existing or more than 2 years old

PPP Loan Search / IA / DENVER / Schumacher elevator co inc

SCHUMACHER ELEVATOR CO INC

Date Approved

04/09/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SCHUMACHER ELEVATOR CO INC

Borrower Address

1 SCHUMACHER WAY

Borrower City

DENVER

Borrower State

IA

Borrower Zip

50622-7729

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5567312.00

Current Approval Amount

5567312.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25488

Servicing Lender Name

Heartland Bank

Servicing Lender Address

615 6th Ave

Servicing Lender City

SOMERS

Servicing Lender State

IA

Servicing Lender Zip

50586-5006

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DENVER

Project County Name

BREMER

Project State

IA

Project Zip

50622-7729

CD

IA-02

Jobs Reported

229

NAICS Code

333921

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5567312.00

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

25488

Originating Lender

Heartland Bank

Originating Lender City

SOMERS

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

5632418.62

Forgiveness Date

06/11/2021

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