PPP Loan information for Schmitz, llc

$368,462

Schmitz, llc was initially approved for PPP Loan of amount $368,462, the current approved amount is $368,462. The loan was approved on 04/09/2020 by The Southern Michigan Bank & Trust reported 38 jobs and $368,462 was used to fund payroll.

Schmitz, llc is Existing or more than 2 years old

SCHMITZ, LLC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SCHMITZ, LLC

Borrower Address

188 Treat Avenue

Borrower City

COLDWATER

Borrower State

MI

Borrower Zip

49036-9709

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

368462.00

Current Approval Amount

368462.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33720

Servicing Lender Name

Southern Michigan Bank & Trust

Servicing Lender Address

51 W Pearl St

Servicing Lender City

COLDWATER

Servicing Lender State

MI

Servicing Lender Zip

49036-1933

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COLDWATER

Project County Name

BRANCH

Project State

MI

Project Zip

49036-9709

CD

MI-07

Jobs Reported

38

NAICS Code

325212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

294770.00

Mortgage Interest Proceed

73692.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

33720

Originating Lender

Southern Michigan Bank & Trust

Originating Lender City

COLDWATER

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

370763.63

Forgiveness Date

12/02/2020

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