Schroepfer INC

$258,700 PPP Loan in Sleepy Eye, Minnesota

Loan Details

Loan Number
7120737008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$258,700
Current Approval
$258,700
Forgiveness Amount
$260,762
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schroepfer INC
Address
22071 State Highway 4
ZIP Code
56085-5060
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484121)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$220,000
Utilities
$8,000
Health Care
$9,000
Mortgage Interest
$12,700
Debt Interest
$9,000

Lender Information

Servicing Lender
Americana Community Bank
Originating Lender
Americana Community Bank

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