PPP Loan information for Schmidt electric, inc.

$34,235

Schmidt electric, inc. was initially approved for PPP Loan of amount $34,235, the current approved amount is $34,235. The loan was approved on 04/11/2020 by The First National Community Bank reported 4 jobs and $34,235 was used to fund payroll.

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

PPP Loan Search / MN / MOUND / Schmidt electric, inc.

SCHMIDT ELECTRIC, INC.

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHMIDT ELECTRIC, INC.

Borrower Address

3337 WARNER LN

Borrower City

MOUND

Borrower State

MN

Borrower Zip

55364-9261

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34235.00

Current Approval Amount

34235.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76588

Servicing Lender Name

First National Community Bank

Servicing Lender Address

109 E 2nd St

Servicing Lender City

NEW RICHMOND

Servicing Lender State

WI

Servicing Lender Zip

54017-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUND

Project County Name

HENNEPIN

Project State

MN

Project Zip

55364-9261

CD

MN-03

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

34235.00

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

76588

Originating Lender

First National Community Bank

Originating Lender City

NEW RICHMOND

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

34487.01

Forgiveness Date

01/07/2021

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