PPP Loan information for Schmitt management corp.

$579,700

Schmitt management corp. was initially approved for PPP Loan of amount $579,700, the current approved amount is $579,700. The loan was approved on 04/28/2020 by The Old Second National Bank reported 51 jobs and $579,700 was used to fund payroll.

Schmitt management corp. is Existing or more than 2 years old

PPP Loan Search / IL / AURORA / Schmitt management corp.

SCHMITT MANAGEMENT CORP.

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SCHMITT MANAGEMENT CORP.

Borrower Address

1975 DOWNER PL

Borrower City

AURORA

Borrower State

IL

Borrower Zip

60506-4481

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

579700.00

Current Approval Amount

579700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AURORA

Project County Name

KANE

Project State

IL

Project Zip

60506-4481

CD

IL-11

Jobs Reported

51

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

579700.00

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

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

584740.17

Forgiveness Date

03/18/2021

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