PPP Loan information for Schmitz mgmt. company

$75,000

Schmitz mgmt. company was initially approved for PPP Loan of amount $76,700, the current approved amount is $75,000. The loan was approved on 04/04/2020 by The Bank Midwest reported 47 jobs and $75,000 was used to fund payroll.

Schmitz mgmt. company is Existing or more than 2 years old

PPP Loan Search / MN / FAIRMONT / Schmitz mgmt. company

SCHMITZ MGMT. COMPANY

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHMITZ MGMT. COMPANY

Borrower Address

1330 STATE ST

Borrower City

FAIRMONT

Borrower State

MN

Borrower Zip

56031-3743

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76700.00

Current Approval Amount

75000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRMONT

Project County Name

MARTIN

Project State

MN

Project Zip

56031-3743

CD

MN-01

Jobs Reported

47

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

75000.00

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

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

65417.08

Forgiveness Date

12/10/2020

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