PPP Loan information for Schutte corporation

$341,500

Schutte corporation was initially approved for PPP Loan of amount $341,500, the current approved amount is $341,500. The loan was approved on 04/01/2021 by The Comerica Bank reported 16 jobs and $341,500 was used to fund payroll.

Schutte corporation is Existing or more than 2 years old

SCHUTTE CORPORATION

Date Approved

04/01/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SCHUTTE CORPORATION

Borrower Address

4055 Morrill Rd

Borrower City

Jackson

Borrower State

MI

Borrower Zip

49201-7013

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

341500.00

Current Approval Amount

341500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jackson

Project County Name

JACKSON

Project State

MI

Project Zip

49201-7013

CD

MI-05

Jobs Reported

16

NAICS Code

333517

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

341498.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

344288.92

Forgiveness Date

01/25/2022

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