PPP Loan information for Schmidt farms

$20,830

Schmidt farms was initially approved for PPP Loan of amount $20,830, the current approved amount is $20,830. The loan was approved on 01/16/2021 by The First State Bank of Le Center reported 2 jobs and $20,830 was used to fund payroll.

Schmidt farms is Existing or more than 2 years old

PPP Loan Search / MN / Le Center / Schmidt farms

SCHMIDT FARMS

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHMIDT FARMS

Borrower Address

42511 Blue Grass Rd

Borrower City

Le Center

Borrower State

MN

Borrower Zip

56057-4054

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20830.00

Current Approval Amount

20830.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38305

Servicing Lender Name

First State Bank of Le Center

Servicing Lender Address

88 N Park Ave

Servicing Lender City

LE CENTER

Servicing Lender State

MN

Servicing Lender Zip

56057-1547

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Le Center

Project County Name

LE SUEUR

Project State

MN

Project Zip

56057-4054

CD

MN-02

Jobs Reported

2

NAICS Code

111110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20827.00

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

Partnership

Originating Lender Location Id

38305

Originating Lender

First State Bank of Le Center

Originating Lender City

LE CENTER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20961.34

Forgiveness Date

09/07/2021

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