PPP Loan information for Schmidt manufacturing inc

$64,092

Schmidt manufacturing inc was initially approved for PPP Loan of amount $64,092, the current approved amount is $64,092. The loan was approved on 01/27/2021 by The Hometown Community Bank reported 10 jobs and $64,092 was used to fund payroll.

Schmidt manufacturing inc is Existing or more than 2 years old

PPP Loan Search / MN / Alexandria / Schmidt manufacturing inc

SCHMIDT MANUFACTURING INC

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHMIDT MANUFACTURING INC

Borrower Address

13439 County Road 21 SW

Borrower City

Alexandria

Borrower State

MN

Borrower Zip

56308-6148

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

64092.00

Current Approval Amount

64092.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36764

Servicing Lender Name

Hometown Community Bank

Servicing Lender Address

100 E Main St

Servicing Lender City

CYRUS

Servicing Lender State

MN

Servicing Lender Zip

56323-4628

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alexandria

Project County Name

DOUGLAS

Project State

MN

Project Zip

56308-6148

CD

MN-07

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

64092.00

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

36764

Originating Lender

Hometown Community Bank

Originating Lender City

CYRUS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

64320.27

Forgiveness Date

06/15/2021

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