Date Approved
04/07/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
SCHMITT DAIRY, INC.
Borrower Address
16699 25TH AVE NW
Borrower City
RICE
Borrower State
MN
Borrower Zip
56367-9768
Loan Status Date
12/09/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
49700.00
Current Approval Amount
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
Servicing Lender Zip
56329-4401
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BENTON
Project State
Project Zip
CD
MN-06
Jobs Reported
5
NAICS Code
112120
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
49992.75
Forgiveness Date
11/19/2020