PPP Loan information for Schmitt farms

$25,800

Schmitt farms was initially approved for PPP Loan of amount $25,800, the current approved amount is $25,800. The loan was approved on 01/21/2021 by The The First National Bank of Carmi reported 2 jobs and $25,800 was used to fund payroll.

Schmitt farms is Existing or more than 2 years old

SCHMITT FARMS

Date Approved

01/21/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

SCHMITT FARMS

Borrower Address

542 E State Road 68

Borrower City

Haubstadt

Borrower State

IN

Borrower Zip

47639-8826

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25800.00

Current Approval Amount

25800.00

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

Haubstadt

Project County Name

GIBSON

Project State

IN

Project Zip

47639-8826

CD

IN-08

Jobs Reported

2

NAICS Code

111191

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

25800.00

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

Partnership

Originating Lender Location Id

20416

Originating Lender

The First National Bank of Carmi

Originating Lender City

CARMI

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26033.63

Forgiveness Date

12/20/2021

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