Schaffer Specialty Welding, Inc.

$1,067,000 PPP Loan in Milltown, Wisconsin

Loan Details

Loan Number
5890037007
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,067,000
Current Approval
$1,003,000
Forgiveness Amount
$1,009,870
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Schaffer Specialty Welding, Inc.
Address
109 Industrial Ave
ZIP Code
54858-9067
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
89
Estimated Revenue
$21.8M
Rural/Urban
Rural
Congressional District
WI-07

Loan Use Breakdown

Payroll
$800,000
Utilities
$100,000
Mortgage Interest
$103,000

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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