Schuette, Inc.

$3,877,500 PPP Loan in Rothschild, Wisconsin

Loan Details

Loan Number
4402857003
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$3,877,500
Current Approval
$1,875,600
Forgiveness Amount
$1,890,240
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schuette, Inc.
Address
1604 Morrison Ave
ZIP Code
54474-7907
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
136
Estimated Revenue
$33.2M
Rural/Urban
Rural
Congressional District
WI-07

Loan Use Breakdown

Payroll
$1,420,300
Rent
$38,300
Utilities
$101,500
Health Care
$211,300
Debt Interest
$104,200

Lender Information

Servicing Lender
Peoples State Bank
Originating Lender
Peoples State Bank

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