PPP Loan information for Schmitt dairy inc

$49,700

Schmitt dairy inc was initially approved for PPP Loan of amount $49,700, the current approved amount is $49,700. The loan was approved on 04/15/2021 by The Falcon National Bank reported 3 jobs and $49,700 was used to fund payroll.

Schmitt dairy inc is Existing or more than 2 years old

PPP Loan Search / MN / Rice / Schmitt dairy inc

SCHMITT DAIRY INC

Date Approved

04/15/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SCHMITT DAIRY INC

Borrower Address

16699 25th Ave NW

Borrower City

Rice

Borrower State

MN

Borrower Zip

56367-9768

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49700.00

Current Approval Amount

49700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328519

Servicing Lender Name

Falcon National Bank

Servicing Lender Address

183 Cedar Dr

Servicing Lender City

FOLEY

Servicing Lender State

MN

Servicing Lender Zip

56329-4401

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rice

Project County Name

BENTON

Project State

MN

Project Zip

56367-9768

CD

MN-06

Jobs Reported

3

NAICS Code

112120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

49698.00

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

328519

Originating Lender

Falcon National Bank

Originating Lender City

FOLEY

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49815.74

Forgiveness Date

07/14/2021

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