Schlagel INC

$1,272,517 PPP Loan in Cambridge, Minnesota

Loan Details

Loan Number
7273457803
Date Approved
Jun 3, 2020
Loan Status
Paid in Full
Initial Approval
$1,272,517
Current Approval
$1,272,517
Forgiveness Amount
$1,282,450
Forgiveness Date
Mar 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schlagel INC
Address
491 Emerson St N
ZIP Code
55008-1316
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333111)
Business Age
Existing or more than 2 years old
Jobs Reported
72
Estimated Revenue
$18.9M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$1,272,517

Lender Information

Servicing Lender
U.s. Bank, National Association
Originating Lender
U.s. Bank, National Association

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