Schaefer & Bierlein
$430,500 PPP Loan in Frankenmuth, Michigan
Loan Details
- Loan Number
- 5506517005
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $430,500
- Current Approval
- $592,200
- Forgiveness Amount
- $571,758
- Forgiveness Date
- Oct 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Schaefer & Bierlein
- Address
- 1015 Weiss St.
- City
- Frankenmuth
- State
- Michigan
- ZIP Code
- 48734-1923
- Business Type
- Corporation
- Industry (NAICS)
- Finance and Insurance (525990)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 45
- Estimated Revenue
- $23.1M
- Rural/Urban
- Rural
- Congressional District
- MI-04
Loan Use Breakdown
- Payroll
- $473,000
- Rent
- $38,000
- Utilities
- $22,000
- Debt Interest
- $59,200
Lender Information
- Servicing Lender
- Frankenmuth Cu
- Originating Lender
- Frankenmuth Cu
Other PPP Loans in Frankenmuth, MI
| Business | Approved | |
|---|---|---|
| Star of the West Milling Co | $3,538,300 |  AI Deep Dive |
| Zehnder's of Frankenmuth, Inc. | $3,264,100 | AI Deep Dive |
| Frankenmuth Bavarian Inn Motor Lodge Inc. | $2,000,000 | AI Deep Dive |
| Frankenmuth Bavarian Inn Incorporated | $2,000,000 | AI Deep Dive |
| Zehnder's of Frankenmuth | $2,000,000 | AI Deep Dive |
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