PPP Loan information for Schmitt acres inc

$8,653

Schmitt acres inc was initially approved for PPP Loan of amount $8,653, the current approved amount is $8,653. The loan was approved on 04/01/2021 by The The First National Bank of Carmi reported 3 jobs and $8,653 was used to fund payroll.

Schmitt acres inc is Existing or more than 2 years old

SCHMITT ACRES INC

Date Approved

04/01/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SCHMITT ACRES INC

Borrower Address

9250 Lockwood Rd

Borrower City

Poseyville

Borrower State

IN

Borrower Zip

47633-9431

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

8653.00

Current Approval Amount

8653.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20416

Servicing Lender Name

The First National Bank of Carmi

Servicing Lender Address

201 E Main St

Servicing Lender City

CARMI

Servicing Lender State

IL

Servicing Lender Zip

62821-1841

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Poseyville

Project County Name

POSEY

Project State

IN

Project Zip

47633-9431

CD

IN-08

Jobs Reported

3

NAICS Code

111110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

8652.00

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

20416

Originating Lender

The First National Bank of Carmi

Originating Lender City

CARMI

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

8706.12

Forgiveness Date

11/16/2021

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