PPP Loan information for Schmitz timber mgmt co inc

$235,077

Schmitz timber mgmt co inc was initially approved for PPP Loan of amount $235,077, the current approved amount is $235,077. The loan was approved on 05/08/2020 by The U.S. Bank, National Association reported 21 jobs and $235,077 was used to fund payroll.

Schmitz timber mgmt co inc is Existing or more than 2 years old

SCHMITZ TIMBER MGMT CO INC

Date Approved

05/08/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

SCHMITZ TIMBER MGMT CO INC

Borrower Address

302 FOSSHOLM ST NE

Borrower City

SILVERTON

Borrower State

OR

Borrower Zip

97381

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

235077.00

Current Approval Amount

235077.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SILVERTON

Project County Name

MARION

Project State

OR

Project Zip

97381-0001

CD

OR-05

Jobs Reported

21

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

235077.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

236631.12

Forgiveness Date

01/14/2021

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