PPP Loan information for Schmidt forest products inc

$17,500

Schmidt forest products inc was initially approved for PPP Loan of amount $17,500, the current approved amount is $17,500. The loan was approved on 01/28/2021 by The IncredibleBank reported 2 jobs and $17,500 was used to fund payroll.

Schmidt forest products inc is Existing or more than 2 years old

SCHMIDT FOREST PRODUCTS INC

Date Approved

01/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SCHMIDT FOREST PRODUCTS INC

Borrower Address

139 Schmidt Rd

Borrower City

Iron River

Borrower State

MI

Borrower Zip

49935-8175

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

17500.00

Current Approval Amount

17500.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Iron River

Project County Name

IRON

Project State

MI

Project Zip

49935-8175

CD

MI-01

Jobs Reported

2

NAICS Code

113210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

17499.00

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

76755

Originating Lender

IncredibleBank

Originating Lender City

WAUSAU

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

17627.53

Forgiveness Date

10/26/2021

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