Schnell Bros., Ltd.
$121,000 PPP Loan in Spirit Lake, Iowa
Loan Details
- Loan Number
- 5659287009
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $121,000
- Current Approval
- $121,000
- Forgiveness Amount
- $121,819
- Forgiveness Date
- Dec 21, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Schnell Bros., Ltd.
- Address
- 1665 Hwy 86
- City
- Spirit Lake
- State
- Iowa
- ZIP Code
- 51360-7561
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Arts, Entertainment, and Recreation (713910)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 60
- Estimated Revenue
- $8.4M
- Rural/Urban
- Rural
- Congressional District
- IA-04
Loan Use Breakdown
- Payroll
- $96,800
- Utilities
- $12,100
- Mortgage Interest
- $12,100
Lender Information
- Servicing Lender
- United Community Bank
- Originating Lender
- United Community Bank
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|---|---|---|
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| Okoboji Motor Company | $642,100 | Research |
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