Schultz Properties Investments, LLC

$385,800 PPP Loan in Alexandria, Minnesota

Loan Details

Loan Number
4833307004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$385,800
Current Approval
$385,800
Forgiveness Amount
$388,351
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Schultz Properties Investments, LLC
Address
5637 State Highway 29 South
ZIP Code
56308-6034
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Finance and Insurance (523910)
Franchise
Holiday Inn
Business Age
Existing or more than 2 years old
Jobs Reported
105
Estimated Revenue
$53.9M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$308,718
Utilities
$40,611
Mortgage Interest
$36,471

Lender Information

Servicing Lender
Riverwood Bank
Originating Lender
Riverwood Bank

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