PPP Loan information for Schmidt electric inc.

$35,866

Schmidt electric inc. was initially approved for PPP Loan of amount $35,866, the current approved amount is $35,866. The loan was approved on 01/21/2021 by The First National Community Bank reported 3 jobs and $35,866 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

01/21/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SCHMIDT ELECTRIC INC.

Borrower Address

3337 Warner Ln

Borrower City

Mound

Borrower State

MN

Borrower Zip

55364-9261

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

35866.00

Current Approval Amount

35866.00

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

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

35866.00

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

36040.35

Forgiveness Date

07/20/2021

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