PPP Loan information for Schmitz motor company inc

$32,580

Schmitz motor company inc was initially approved for PPP Loan of amount $32,580, the current approved amount is $32,580. The loan was approved on 02/10/2021 by The United Community Bank reported 3 jobs and $32,580 was used to fund payroll.

Schmitz motor company inc is Existing or more than 2 years old

PPP Loan Search / MN / Perham / Schmitz motor company inc

SCHMITZ MOTOR COMPANY INC

Date Approved

02/10/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SCHMITZ MOTOR COMPANY INC

Borrower Address

900 W Main St

Borrower City

Perham

Borrower State

MN

Borrower Zip

56573-1244

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

32580.00

Current Approval Amount

32580.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38738

Servicing Lender Name

United Community Bank

Servicing Lender Address

301 W Main St

Servicing Lender City

PERHAM

Servicing Lender State

MN

Servicing Lender Zip

56573-1455

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Perham

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56573-1244

CD

MN-07

Jobs Reported

3

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

32580.00

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

38738

Originating Lender

United Community Bank

Originating Lender City

PERHAM

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

32790.65

Forgiveness Date

10/06/2021

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