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 04/09/2020 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

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHMIDT C-STORES, INC.

Borrower Address

304 3rd Street North

Borrower City

WAITE PARK

Borrower State

MN

Borrower Zip

56387-1119

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

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

Y

Business Age Description

Existing or more than 2 years old

Project City

WAITE PARK

Project County Name

STEARNS

Project State

MN

Project Zip

56387-1119

CD

MN-06

Jobs Reported

38

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5800.00

Payroll Proceed

108668.00

Mortgage Interest Proceed

0.00

Rent Proceed

7532.00

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

122898.06

Forgiveness Date

01/07/2021

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