Schoitz Engineering Inc.

$394,700 PPP Loan in Waterloo, Iowa

Loan Details

Loan Number
5938107004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$394,700
Current Approval
$474,700
Forgiveness Amount
$478,142
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Schoitz Engineering Inc.
Address
4901 Sergeant Road
State
Iowa
ZIP Code
50704-0546
Business Type
Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$8.6M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$474,700

Lender Information

Servicing Lender
Farmers State Bank
Originating Lender
Farmers State Bank

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