Schoitz Engineering Inc.

$474,700 PPP Loan in Waterloo, Iowa

Loan Details

Loan Number
2344028304
Date Approved
Jan 20, 2021
Loan Status
Paid in Full
Initial Approval
$474,700
Current Approval
$474,700
Forgiveness Amount
$477,034
Forgiveness Date
Jul 23, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Schoitz Engineering Inc.
Address
4901 Sergeant Road
State
Iowa
ZIP Code
50701
Business Type
Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$6.8M
Rural/Urban
Urban
Congressional District
IA-01

Loan Use Breakdown

Payroll
$474,698
Utilities
$1

Lender Information

Servicing Lender
Farmers State Bank
Originating Lender
Farmers State Bank

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