Schak Trucking INC

$727,189 PPP Loan in Tyler, Minnesota

Loan Details

Loan Number
2621297100
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$727,189
Current Approval
$727,189
Forgiveness Amount
$317,754
Forgiveness Date
Nov 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schak Trucking INC
Address
201 East Highway 14
City
Tyler
ZIP Code
56178
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (484110)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$8.2M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$581,751
Utilities
$72,719
Mortgage Interest
$72,719

Lender Information

Servicing Lender
Compeer Financial, Aca
Originating Lender
Compeer Financial, Aca

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