Schumacher Electric Inc.
$497,800 PPP Loan in Clarkston, Michigan
Loan Details
- Loan Number
- 1556678308
- Date Approved
- Jan 17, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $497,800
- Current Approval
- $497,800
- Forgiveness Amount
- $500,704
- Forgiveness Date
- Aug 20, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Schumacher Electric Inc.
- Address
- 8457 Andersonville Rd Ste B
- City
- Clarkston
- State
- Michigan
- ZIP Code
- 48346-2575
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 33
- Estimated Revenue
- $10.9M
- Rural/Urban
- Urban
- Congressional District
- MI-09
Loan Use Breakdown
- Payroll
- $497,796
- Utilities
- $1
Lender Information
- Servicing Lender
- Oxford Bank
- Originating Lender
- Oxford Bank
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