Schaeffer Academy

$221,500 PPP Loan in Rochester, Minnesota

Loan Details

Loan Number
1318207207
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$221,500
Current Approval
$271,700
Forgiveness Amount
$273,338
Forgiveness Date
Dec 4, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Schaeffer Academy
Address
2700 Schaeffer Ln NE
ZIP Code
55906-7671
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611110)
Business Age
Existing or more than 2 years old
Jobs Reported
58
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$271,700

Lender Information

Servicing Lender
Minnwest Bank
Originating Lender
Minnwest Bank

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