PPP Loan information for Schmitz ready mix, inc.

$1,941,300

Schmitz ready mix, inc. was initially approved for PPP Loan of amount $1,941,300, the current approved amount is $1,941,300. The loan was approved on 04/04/2020 by The Bank First, N.A. reported 77 jobs and $1,941,300 was used to fund payroll.

Schmitz ready mix, inc. is Existing or more than 2 years old

SCHMITZ READY MIX, INC.

Date Approved

04/04/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SCHMITZ READY MIX, INC.

Borrower Address

5400 North 124th Street

Borrower City

MILWAUKEE

Borrower State

WI

Borrower Zip

53225-2922

Loan Status Date

09/10/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1941300.00

Current Approval Amount

1941300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76173

Servicing Lender Name

Bank First, N.A.

Servicing Lender Address

402 N 8th St

Servicing Lender City

MANITOWOC

Servicing Lender State

WI

Servicing Lender Zip

54220-4010

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MILWAUKEE

Project County Name

MILWAUKEE

Project State

WI

Project Zip

53225-2922

CD

WI-04

Jobs Reported

77

NAICS Code

327320

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

52000.00

Payroll Proceed

1809300.00

Mortgage Interest Proceed

80000.00

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

76173

Originating Lender

Bank First, N.A.

Originating Lender City

MANITOWOC

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1986758.77

Forgiveness Date

08/05/2022

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