Summary of PPP (Paycheck Protection Program) Loan approved to SCHLAGEL INC by U.S. Bank, National Association. The loan was approved on 6/03/2020 in the range of $1-2 million.
| Name: |
SCHLAGEL INC491 EMERSON ST NCAMBRIDGE, MN 55008 |
| Business type: | Subchapter S Corporation
Machinery Manufacturing → Farm Machinery and Equipment Manufacturing |
| Non-profit: | No |
| Loan amount: | $1-2 million
(50 Jobs retained) |
| Date approved: | June 03, 2020 |
| Lender | U.S. Bank, National Association |
The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.