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Schaefer Well Co., Inc.

$144,500 PPP Loan in New Ulm, Minnesota

Loan Details

Loan Number
9712447007
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$144,500
Current Approval
$144,500
Forgiveness Amount
$145,307
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Schaefer Well Co., Inc.
Address
58374 County Road 21
City
New Ulm
State
Minnesota
ZIP Code
56073-4378
Business Type
Corporation
Industry (NAICS)
Construction (237110)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$144,500

Lender Information

Servicing Lender
Citizens Bank Minnesota
Originating Lender
Citizens Bank Minnesota

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