Michael S. Schafer, Inc.

$49,800 PPP Loan in Bay Village, Ohio

Loan Details

Loan Number
6643647304
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$49,800
Current Approval
$49,800
Forgiveness Amount
$50,119
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Michael S. Schafer, Inc.
Address
520 Walmar Rd
State
Ohio
ZIP Code
44140-1569
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (523120)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
OH-07

Loan Use Breakdown

Payroll
$43,000
Rent
$2,000
Utilities
$2,000
Debt Interest
$2,800

Lender Information

Servicing Lender
Sutton Bank
Originating Lender
Sutton Bank

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