PPP Loan information for Tom schafer distributing

$6,500

Tom schafer distributing was initially approved for PPP Loan of amount $6,500, the current approved amount is $6,500. The loan was approved on 04/14/2020 by The Red Rock Bank reported 1 jobs and $6,500 was used to fund payroll.

Tom schafer distributing is Existing or more than 2 years old

TOM SCHAFER DISTRIBUTING

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TOM SCHAFER DISTRIBUTING

Borrower Address

402 North Marshall Ave

Borrower City

SPRINGFIELD

Borrower State

MN

Borrower Zip

56087-1526

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6500.00

Current Approval Amount

6500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38871

Servicing Lender Name

Red Rock Bank

Servicing Lender Address

100 S Main St

Servicing Lender City

SANBORN

Servicing Lender State

MN

Servicing Lender Zip

56083

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

BROWN

Project State

MN

Project Zip

56087-1526

CD

MN-07

Jobs Reported

1

NAICS Code

522220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

6500.00

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

Sole Proprietorship

Originating Lender Location Id

38871

Originating Lender

Red Rock Bank

Originating Lender City

SANBORN

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6559.58

Forgiveness Date

03/11/2021

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