PPP Loan information for Schmidt family farms, inc.

$109,000

Schmidt family farms, inc. was initially approved for PPP Loan of amount $109,000, the current approved amount is $109,000. The loan was approved on 04/15/2020 by The First Citizens Bank reported 11 jobs and $109,000 was used to fund payroll.

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

PPP Loan Search / IA / GARNER / Schmidt family farms, inc.

SCHMIDT FAMILY FARMS, INC.

Date Approved

04/15/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SCHMIDT FAMILY FARMS, INC.

Borrower Address

1570 NAVY AVE

Borrower City

GARNER

Borrower State

IA

Borrower Zip

50438-8644

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

109000.00

Current Approval Amount

109000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24732

Servicing Lender Name

First Citizens Bank

Servicing Lender Address

2601 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4650

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GARNER

Project County Name

HANCOCK

Project State

IA

Project Zip

50438-8644

CD

IA-04

Jobs Reported

11

NAICS Code

111998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

109000.00

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

Corporation

Originating Lender Location Id

24732

Originating Lender

First Citizens Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

109920.44

Forgiveness Date

02/19/2021

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