PPP Loan information for Schmitt farms trucking, inc.

$57,100

Schmitt farms trucking, inc. was initially approved for PPP Loan of amount $57,100, the current approved amount is $57,100. The loan was approved on 04/04/2020 by The Bank Iowa reported 9 jobs and $57,100 was used to fund payroll.

Schmitt farms trucking, inc. is Existing or more than 2 years old

SCHMITT FARMS TRUCKING, INC.

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SCHMITT FARMS TRUCKING, INC.

Borrower Address

2216 TEAK AVE

Borrower City

CLARINDA

Borrower State

IA

Borrower Zip

51632-5529

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57100.00

Current Approval Amount

57100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24768

Servicing Lender Name

Bank Iowa

Servicing Lender Address

1150 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-5831

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARINDA

Project County Name

PAGE

Project State

IA

Project Zip

51632-5529

CD

IA-03

Jobs Reported

9

NAICS Code

484110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

57100.00

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

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57523.49

Forgiveness Date

01/07/2021

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