PPP Loan information for Richard schmidt

$20,833

Richard schmidt was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 04/20/2021 by The Magnifi Financial CU reported 1 jobs and $20,833 was used to fund payroll.

Richard schmidt is Existing or more than 2 years old

RICHARD SCHMIDT

Date Approved

04/20/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RICHARD SCHMIDT

Borrower Address

8422 Co Rd 40 NE

Borrower City

New London

Borrower State

MN

Borrower Zip

56273

Loan Status Date

09/14/2021

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

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New London

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56273

CD

MN-07

Jobs Reported

1

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20833.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20894.64

Forgiveness Date

08/13/2021

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