Date Approved
05/14/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
SCHMIDT FOREST PRODUCTS INC.
Borrower Address
139 Schmidt Rd
Borrower City
Iron River
Borrower State
MI
Borrower Zip
49935
Loan Status Date
02/24/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
17300.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
76755
Servicing Lender Name
IncredibleBank
Servicing Lender Address
327 N 17th Ave
Servicing Lender City
WAUSAU
Servicing Lender State
WI
Servicing Lender Zip
54401-4225
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Startup, Loan Funds will Open Business
Project City
Project County Name
IRON
Project State
Project Zip
49935-0001
CD
MI-01
Jobs Reported
2
NAICS Code
115310
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
17409.01
Forgiveness Date
01/07/2021