Schaefer Machine Co INC

$116,435 PPP Loan in Mineola, New York

Loan Details

Loan Number
9957077208
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$116,435
Current Approval
$116,435
Forgiveness Amount
$117,794
Forgiveness Date
Jul 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schaefer Machine Co INC
Address
100 Hudson Street
ZIP Code
11501
Business Type
Corporation
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NY-03

Loan Use Breakdown

Payroll
$93,148
Rent
$9,315
Utilities
$9,315
Health Care
$4,657

Lender Information

Servicing Lender
American Express National Bank
Originating Lender
American Express National Bank

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