PPP Loan information for Joseph schmit

$20,833

Joseph schmit was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 04/03/2021 by The Lake City Federal Bank reported 1 jobs and $20,833 was used to fund payroll.

Joseph schmit is Existing or more than 2 years old

JOSEPH SCHMIT

Date Approved

04/03/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

JOSEPH SCHMIT

Borrower Address

67559 210th Ave

Borrower City

Wabasha

Borrower State

MN

Borrower Zip

55981-2155

Loan Status Date

04/30/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81265

Servicing Lender Name

Lake City Federal Bank

Servicing Lender Address

201 E Marion St

Servicing Lender City

LAKE CITY

Servicing Lender State

MN

Servicing Lender Zip

55041-1000

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wabasha

Project County Name

WABASHA

Project State

MN

Project Zip

55981-2155

CD

MN-01

Jobs Reported

1

NAICS Code

111199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20831.00

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

81265

Originating Lender

Lake City Federal Bank

Originating Lender City

LAKE CITY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20898.97

Forgiveness Date

07/30/2021

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