ADAM SCHULTE (IA) - 2020 PPP Loan Borrower Profile (# 7471198805)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADAM SCHULTE. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Iowa.

Loan Detail

Loan Number

7471198805

SBA Office Code

0736

Processing Method

PPP

Curent Loan Amount

$9,151

Date Loan was Approved

Apr 21, 2021

Amount Forgiven

$9,200.31

Date Loan was Forgiven

Nov 3, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

9,148

Lender

Farm Credit Services of America, ACA

Business Detail

Business Type

Sole Proprietorship

NAICS

112120

Borrower Location

Dorchester, IA

Project Location

Dorchester, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.