Date Approved
04/13/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
SCHMITZ BUILDERS, INC
Borrower Address
210 3rd St NE
Borrower City
RED LAKE FALLS
Borrower State
MN
Borrower Zip
56750-4232
Loan Status Date
12/12/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
42000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
52856
Servicing Lender Name
Dakota Heritage Bank
Servicing Lender Address
109 Main St
Servicing Lender City
HUNTER
Servicing Lender State
ND
Servicing Lender Zip
58048
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
RED LAKE
Project State
Project Zip
CD
MN-07
Jobs Reported
5
NAICS Code
236220
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
200.00
Payroll Proceed
34800.00
Mortgage Interest Proceed
Rent Proceed
7000.00
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
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
42231.29
Forgiveness Date
11/05/2020