Schultz Laboratories, Mfr., Inc.

$76,105 PPP Loan in Boone, Iowa

Loan Details

Loan Number
8508207003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$76,105
Current Approval
$76,105
Forgiveness Amount
$76,727
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schultz Laboratories, Mfr., Inc.
Address
2618 Eastgate Dr
City
Boone
State
Iowa
ZIP Code
50036-2203
Business Type
Corporation
Industry (NAICS)
Manufacturing (325612)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$62,000
Rent
$4,105
Utilities
$4,500
Debt Interest
$5,500

Lender Information

Servicing Lender
Boone Bank & Trust Co.
Originating Lender
Boone Bank & Trust Co.

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