PPP Loan information for Schmidt grain company

$7,422

Schmidt grain company was initially approved for PPP Loan of amount $7,422, the current approved amount is $7,422. The loan was approved on 03/09/2021 by The Security Bank Midwest reported 2 jobs and $7,422 was used to fund payroll.

Schmidt grain company is Existing or more than 2 years old

SCHMIDT GRAIN COMPANY

Date Approved

03/09/2021

SBA Office Code

0876

Processing Method

PPP

Borrower Name

SCHMIDT GRAIN COMPANY

Borrower Address

44534 269th St

Borrower City

Marion

Borrower State

SD

Borrower Zip

57043-5019

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7422.00

Current Approval Amount

7422.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66695

Servicing Lender Name

Security Bank Midwest

Servicing Lender Address

1600 Main St

Servicing Lender City

TYNDALL

Servicing Lender State

SD

Servicing Lender Zip

57066

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marion

Project County Name

TURNER

Project State

SD

Project Zip

57043-5019

CD

SD-

Jobs Reported

2

NAICS Code

111199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7422.00

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

66695

Originating Lender

Security Bank Midwest

Originating Lender City

TYNDALL

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7441.79

Forgiveness Date

06/15/2021

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