Schlauderaff Implement Co
$371,300 PPP Loan in Litchfield, Minnesota
Loan Details
- Loan Number
- 4864487004
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $371,300
- Current Approval
- $371,300
- Forgiveness Amount
- $373,600
- Forgiveness Date
- Nov 20, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Schlauderaff Implement Co
- Address
- 60240 US Highway 12
- City
- Litchfield
- State
- Minnesota
- ZIP Code
- 55355
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (333111)
- Franchise
- New Holland Equipment - Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 25
- Estimated Revenue
- $6.5M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $371,300
Lender Information
- Servicing Lender
- Center National Bank
- Originating Lender
- Center National Bank
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|---|---|---|
| County of Meeker | $3,613,100 |  Research |
| Sparboe Farms, Inc. | $3,405,800 | Research |
| The First District Association | $3,000,000 | Research |
| Custom Products of Litchfield INC | $1,527,841 | Research |
| Custom Products of Litchfield INC | $1,527,800 | Research |
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