PPP Loan information for Scmidt farms and seed, inc.

$11,600

Scmidt farms and seed, inc. was initially approved for PPP Loan of amount $11,600, the current approved amount is $11,600. The loan was approved on 04/04/2020 by The American Bank, National Association reported 2 jobs and $11,600 was used to fund payroll.

Scmidt farms and seed, inc. is Existing or more than 2 years old

PPP Loan Search / IA / LE MARS / Scmidt farms and seed, inc.

SCMIDT FARMS AND SEED, INC.

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SCMIDT FARMS AND SEED, INC.

Borrower Address

17743 JADE AVE

Borrower City

LE MARS

Borrower State

IA

Borrower Zip

51031-8797

Loan Status Date

04/02/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11600.00

Current Approval Amount

11600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25420

Servicing Lender Name

American Bank, National Association

Servicing Lender Address

234 5th Ave SW

Servicing Lender City

LE MARS

Servicing Lender State

IA

Servicing Lender Zip

51031-1917

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LE MARS

Project County Name

PLYMOUTH

Project State

IA

Project Zip

51031-8797

CD

IA-04

Jobs Reported

2

NAICS Code

111998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

8800.00

Mortgage Interest Proceed

2800.00

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

25420

Originating Lender

American Bank, National Association

Originating Lender City

LE MARS

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

11664.52

Forgiveness Date

11/02/2020

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