PPP Loan information for Schaffer specialty welding inc.

$1,003,600

Schaffer specialty welding inc. was initially approved for PPP Loan of amount $1,003,600, the current approved amount is $1,003,600. The loan was approved on 04/08/2021 by The Frandsen Bank & Trust reported 90 jobs and $1,003,600 was used to fund payroll.

Schaffer specialty welding inc. is Existing or more than 2 years old

PPP Loan Search / WI / Milltown / Schaffer specialty welding inc.

SCHAFFER SPECIALTY WELDING INC.

Date Approved

04/08/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

SCHAFFER SPECIALTY WELDING INC.

Borrower Address

109 Industrial Ave

Borrower City

Milltown

Borrower State

WI

Borrower Zip

54858-9067

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1003600.00

Current Approval Amount

1003600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Milltown

Project County Name

POLK

Project State

WI

Project Zip

54858-9067

CD

WI-07

Jobs Reported

90

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1003598.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1008879.21

Forgiveness Date

10/26/2021

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