PPP Loan information for Schmit bros. auto, inc.

$420,351

Schmit bros. auto, inc. was initially approved for PPP Loan of amount $420,351, the current approved amount is $420,351. The loan was approved on 04/07/2020 by The The Port Washington State Bank reported 42 jobs and $420,351 was used to fund payroll.

Schmit bros. auto, inc. is Existing or more than 2 years old

SCHMIT BROS. AUTO, INC.

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SCHMIT BROS. AUTO, INC.

Borrower Address

925 E Green Bay Ave

Borrower City

SAUKVILLE

Borrower State

WI

Borrower Zip

53080-2620

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

420350.57

Current Approval Amount

420350.57

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

76676

Servicing Lender Name

The Port Washington State Bank

Servicing Lender Address

206 N Franklin St

Servicing Lender City

PORT WASHINGTON

Servicing Lender State

WI

Servicing Lender Zip

53074-1903

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAUKVILLE

Project County Name

OZAUKEE

Project State

WI

Project Zip

53080-2620

CD

WI-06

Jobs Reported

42

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

420350.57

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

76676

Originating Lender

The Port Washington State Bank

Originating Lender City

PORT WASHINGTON

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

424519.05

Forgiveness Date

04/06/2021

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