Schaff Piano Supply Company

$249,200 PPP Loan in Lake Zurich, Illinois

Loan Details

Loan Number
4987267008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$249,200
Current Approval
$249,200
Forgiveness Amount
$251,533
Forgiveness Date
Mar 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schaff Piano Supply Company
Address
1370 Ensell Rd
ZIP Code
60047-1570
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423990)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
$5.8M
Rural/Urban
Urban
Congressional District
IL-09

Loan Use Breakdown

Payroll
$199,360
Rent
$37,380
Utilities
$12,460

Lender Information

Servicing Lender
Cornerstone National Bank & Trust Company
Originating Lender
Cornerstone National Bank & Trust Company

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