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August Schell Brewery Co.

$1,034,200 PPP Loan in New Ulm, Minnesota

Loan Details

Loan Number
8627667004
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,034,200
Current Approval
$1,034,200
Forgiveness Amount
$1,039,974
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
August Schell Brewery Co.
Address
1860 Schells Rd
City
New Ulm
State
Minnesota
ZIP Code
56073-3834
Business Type
Corporation
Industry (NAICS)
Manufacturing (312120)
Business Age
Existing or more than 2 years old
Jobs Reported
95
Estimated Revenue
$33.5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$1,034,200

Lender Information

Servicing Lender
Citizens Bank Minnesota
Originating Lender
Citizens Bank Minnesota

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