PPP Loan information for Schmidt c-stores inc.

$122,000

Schmidt c-stores inc. was initially approved for PPP Loan of amount $122,000, the current approved amount is $122,000. The loan was approved on 01/26/2021 by The American Heritage National Bank reported 38 jobs and $122,000 was used to fund payroll.

Schmidt c-stores inc. is Existing or more than 2 years old

SCHMIDT C-STORES INC.

Date Approved

01/26/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SCHMIDT C-STORES INC.

Borrower Address

2514 41st Ave S

Borrower City

Saint Cloud

Borrower State

MN

Borrower Zip

56301-8902

Loan Status Date

01/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

122000.00

Current Approval Amount

122000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38326

Servicing Lender Name

American Heritage National Bank

Servicing Lender Address

24 2nd St South

Servicing Lender City

LONG PRAIRIE

Servicing Lender State

MN

Servicing Lender Zip

56347-1327

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Cloud

Project County Name

STEARNS

Project State

MN

Project Zip

56301-8902

CD

MN-06

Jobs Reported

38

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

122000.00

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

38326

Originating Lender

American Heritage National Bank

Originating Lender City

LONG PRAIRIE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

123060.72

Forgiveness Date

12/09/2021

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