Schaffer Machine INC

$87,635 PPP Loan in Brandon, Minnesota

Loan Details

Loan Number
1635627306
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$87,635
Current Approval
$87,635
Forgiveness Amount
$88,055
Forgiveness Date
Oct 26, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Schaffer Machine INC
Address
12358 County Rd 60 NW
ZIP Code
56315
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$87,635

Lender Information

Servicing Lender
Bremer Bank, National Association
Originating Lender
Bremer Bank, National Association

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