PPP Loan information for Schmitt industries inc

$588,534

Schmitt industries inc was initially approved for PPP Loan of amount $588,534, the current approved amount is $588,534. The loan was approved on 07/30/2020 by The Bank of America, National Association reported 20 jobs and $588,534 was used to fund payroll.

Schmitt industries inc is Unanswered

PPP Loan Search / OR / PORTLAND / Schmitt industries inc

SCHMITT INDUSTRIES INC

Date Approved

07/30/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

SCHMITT INDUSTRIES INC

Borrower Address

2765 NW NICOLAI ST

Borrower City

PORTLAND

Borrower State

OR

Borrower Zip

97210-1818

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

588534.00

Current Approval Amount

588534.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

PORTLAND

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97210-1818

CD

OR-01

Jobs Reported

20

NAICS Code

334515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

588534.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

594693.45

Forgiveness Date

08/23/2021

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