PPP Loan information for Schmid pipeline construction inc

$1,912,900

Schmid pipeline construction inc was initially approved for PPP Loan of amount $1,912,900, the current approved amount is $1,912,900. The loan was approved on 04/06/2020 by The De Witt Bank & Trust Co. reported 104 jobs and $1,912,900 was used to fund payroll.

Schmid pipeline construction inc is Existing or more than 2 years old

SCHMID PIPELINE CONSTRUCTION INC

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SCHMID PIPELINE CONSTRUCTION INC

Borrower Address

2236 312th Ave

Borrower City

MAQUOKETA

Borrower State

IA

Borrower Zip

52060-8617

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1912900.00

Current Approval Amount

1912900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24909

Servicing Lender Name

De Witt Bank & Trust Co.

Servicing Lender Address

815 6th Ave

Servicing Lender City

DE WITT

Servicing Lender State

IA

Servicing Lender Zip

52742-1328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAQUOKETA

Project County Name

JACKSON

Project State

IA

Project Zip

52060-8617

CD

IA-01

Jobs Reported

104

NAICS Code

237120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1912900.00

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

Corporation

Originating Lender Location Id

24909

Originating Lender

De Witt Bank & Trust Co.

Originating Lender City

DE WITT

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

564285.35

Forgiveness Date

03/31/2021

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