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Shumard Otto INC

$39,400 PPP Loan in Weimar, Texas

Loan Details

Loan Number
5961347004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$39,400
Current Approval
$39,400
Forgiveness Amount
$0
Forgiveness Date
N/A
Term
24 months
Draw
First Draw

Business Information

Business Name
Shumard Otto INC
Address
Po Box 727
City
Weimar
State
Texas
ZIP Code
78962
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (522291)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-10

Loan Use Breakdown

Payroll
$31,520
Rent
$1,970
Utilities
$3,940
Mortgage Interest
$1,970

Lender Information

Servicing Lender
Queensborough National Bank and Trust Company
Originating Lender
Queensborough National Bank and Trust Company

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