Schuette Farms

$52,959 PPP Loan in Elkton, Michigan

Loan Details

Loan Number
9290147108
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$52,959
Current Approval
$52,959
Forgiveness Amount
$53,341
Forgiveness Date
Jan 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schuette Farms
Address
5080 Berne Rd
City
Elkton
ZIP Code
48731-9733
Business Type
Partnership
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (111998)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-09

Loan Use Breakdown

Payroll
$38,759
Rent
$10,000
Utilities
$4,200

Lender Information

Servicing Lender
Thumb Bank & Trust
Originating Lender
Thumb Bank & Trust

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