PPP Loan information for Schmidts inc

$510,900

Schmidts inc was initially approved for PPP Loan of amount $510,900, the current approved amount is $510,900. The loan was approved on 04/06/2020 by The Heartland Bank reported 42 jobs and $510,900 was used to fund payroll.

Schmidts inc is Existing or more than 2 years old

PPP Loan Search / NE / FAIRBURY / Schmidts inc

SCHMIDTS INC

Date Approved

04/06/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

SCHMIDTS INC

Borrower Address

56895 HIGHWAY 136

Borrower City

FAIRBURY

Borrower State

NE

Borrower Zip

68352-4522

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

510900.00

Current Approval Amount

510900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42196

Servicing Lender Name

Heartland Bank

Servicing Lender Address

896 'G' St

Servicing Lender City

GENEVA

Servicing Lender State

NE

Servicing Lender Zip

68361

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRBURY

Project County Name

JEFFERSON

Project State

NE

Project Zip

68352-4522

CD

NE-03

Jobs Reported

42

NAICS Code

311511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

51900.00

Payroll Proceed

434000.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

42196

Originating Lender

Heartland Bank

Originating Lender City

GENEVA

Originating Lender State

NE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

514831.09

Forgiveness Date

01/13/2021

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