PPP borrower record
SCHUMACHER ELECTRIC INC. PPP loan record
Public SBA PPP loan record for SCHUMACHER ELECTRIC INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$497,800
Approved amount
N/A
Forgiven amount
2021-01-17
Date approved
Borrower and loan details
Borrower
SCHUMACHER ELECTRIC INC.
Loan number
1556678308
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Clarkston
Borrower state
Michigan
Borrower ZIP
48346
Jobs reported
33
Loan status
Exemption 4
Forgiveness date
N/A
Servicing lender
Oxford Bank
Originating lender
Oxford Bank
Reported use of proceeds
Payroll
$497,796
Rent
N/A
Utilities
$1
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.