PPP Loan information for The schafer company inc

$409,600

The schafer company inc was initially approved for PPP Loan of amount $409,600, the current approved amount is $409,600. The loan was approved on 04/10/2020 by The First-Citizens Bank & Trust Company reported 86 jobs and $409,600 was used to fund payroll.

The schafer company inc is New Business or 2 years or less

THE SCHAFER COMPANY INC

Date Approved

04/10/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

THE SCHAFER COMPANY INC

Borrower Address

3346 Highway 301 North

Borrower City

HAMER

Borrower State

SC

Borrower Zip

29547

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

409600.00

Current Approval Amount

409600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

HAMER

Project County Name

DILLON

Project State

SC

Project Zip

29547-0001

CD

SC-07

Jobs Reported

86

NAICS Code

713110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

409600.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

414481.53

Forgiveness Date

06/30/2021

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