PPP Loan information for Donald schmidt

$34,543

Donald schmidt was initially approved for PPP Loan of amount $34,543, the current approved amount is $34,543. The loan was approved on 03/27/2021 by The FM Bank reported 3 jobs and $34,543 was used to fund payroll.

Donald schmidt is Existing or more than 2 years old

DONALD SCHMIDT

Date Approved

03/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

DONALD SCHMIDT

Borrower Address

35207 235th St

Borrower City

Battle Lake

Borrower State

MN

Borrower Zip

56515-9117

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

34542.50

Current Approval Amount

34542.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38192

Servicing Lender Name

FM Bank

Servicing Lender Address

702 Prentice St

Servicing Lender City

GRANITE FALLS

Servicing Lender State

MN

Servicing Lender Zip

56241-1541

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Battle Lake

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56515-9117

CD

MN-07

Jobs Reported

3

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

34538.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

38192

Originating Lender

FM Bank

Originating Lender City

GRANITE FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

34712.85

Forgiveness Date

09/29/2021

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