PPP Loan information for Schmidt agricultural service, inc.

$40,410

Schmidt agricultural service, inc. was initially approved for PPP Loan of amount $40,410, the current approved amount is $40,410. The loan was approved on 04/09/2020 by The Old National Bank reported 10 jobs and $40,410 was used to fund payroll.

Schmidt agricultural service, inc. is Existing or more than 2 years old

PPP Loan Search / IA / De Witt / Schmidt agricultural service, inc.

SCHMIDT AGRICULTURAL SERVICE, INC.

Date Approved

04/09/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SCHMIDT AGRICULTURAL SERVICE, INC.

Borrower Address

3357 220th St

Borrower City

De Witt

Borrower State

IA

Borrower Zip

52742-9234

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40410.00

Current Approval Amount

40410.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

De Witt

Project County Name

CLINTON

Project State

IA

Project Zip

52742-9234

CD

IA-01

Jobs Reported

10

NAICS Code

115116

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40410.00

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

Subchapter S Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40937.58

Forgiveness Date

07/26/2021

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