PPP Loan information for Schmidt & schmidt, ltd

$182,000

Schmidt & schmidt, ltd was initially approved for PPP Loan of amount $182,000, the current approved amount is $182,000. The loan was approved on 04/06/2020 by The Choice Financial Group reported 8 jobs and $182,000 was used to fund payroll.

Schmidt & schmidt, ltd is Existing or more than 2 years old

SCHMIDT & SCHMIDT, LTD

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHMIDT & SCHMIDT, LTD

Borrower Address

7760 France Avenue South

Borrower City

Bloomington

Borrower State

MN

Borrower Zip

55435-3204

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

182000.00

Current Approval Amount

182000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bloomington

Project County Name

HENNEPIN

Project State

MN

Project Zip

55435-3204

CD

MN-03

Jobs Reported

8

NAICS Code

541211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

182000.00

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

Partnership

Originating Lender Location Id

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

183710.30

Forgiveness Date

03/31/2021

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