PPP Loan information for Schmitz grain inc.

$566,622

Schmitz grain inc. was initially approved for PPP Loan of amount $566,623, the current approved amount is $566,622. The loan was approved on 04/10/2020 by The First Interstate Bank reported 48 jobs and $566,622 was used to fund payroll.

Schmitz grain inc. is Existing or more than 2 years old

SCHMITZ GRAIN INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHMITZ GRAIN INC.

Borrower Address

1823 Highway 59

Borrower City

SLAYTON

Borrower State

MN

Borrower Zip

56172

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

566622.50

Current Approval Amount

566622.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SLAYTON

Project County Name

MURRAY

Project State

MN

Project Zip

56172-0001

CD

MN-07

Jobs Reported

48

NAICS Code

424510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

566622.00

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

Corporation

Originating Lender Location Id

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

573017.84

Forgiveness Date

06/10/2021

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