PPP Loan information for Schmitt drywall contracting

$454,900

Schmitt drywall contracting was initially approved for PPP Loan of amount $454,900, the current approved amount is $454,900. The loan was approved on 04/06/2020 by The American Business Bank reported 3 jobs and $454,900 was used to fund payroll.

Schmitt drywall contracting is Existing or more than 2 years old

SCHMITT DRYWALL CONTRACTING

Date Approved

04/06/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

SCHMITT DRYWALL CONTRACTING

Borrower Address

4737 E SOMERTON AVE

Borrower City

ORANGE

Borrower State

CA

Borrower Zip

92867-2272

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

454900.00

Current Approval Amount

454900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ORANGE

Project County Name

ORANGE

Project State

CA

Project Zip

92867-2272

CD

CA-40

Jobs Reported

3

NAICS Code

238310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9000.00

Payroll Proceed

341200.00

Mortgage Interest Proceed

0.00

Rent Proceed

54000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50700.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

459872.74

Forgiveness Date

05/21/2021

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