PPP Loan information for John schmidt & sons inc.

$436,600

John schmidt & sons inc. was initially approved for PPP Loan of amount $436,600, the current approved amount is $436,600. The loan was approved on 04/10/2020 by The The First National Bank of Hutchinson reported 38 jobs and $436,600 was used to fund payroll.

John schmidt & sons inc. is Existing or more than 2 years old

JOHN SCHMIDT & SONS INC.

Date Approved

04/10/2020

SBA Office Code

0767

Processing Method

PPP

Borrower Name

JOHN SCHMIDT & SONS INC.

Borrower Address

SILVER LAKE RD

Borrower City

MOUNT HOPE

Borrower State

KS

Borrower Zip

67108-9617

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

436600.00

Current Approval Amount

436600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26005

Servicing Lender Name

The First National Bank of Hutchinson

Servicing Lender Address

1 N Main St

Servicing Lender City

HUTCHINSON

Servicing Lender State

KS

Servicing Lender Zip

67501-5229

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT HOPE

Project County Name

RENO

Project State

KS

Project Zip

67108-9617

CD

KS-01

Jobs Reported

38

NAICS Code

423820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

43660.00

Payroll Proceed

349280.00

Mortgage Interest Proceed

43660.00

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

26005

Originating Lender

The First National Bank of Hutchinson

Originating Lender City

HUTCHINSON

Originating Lender State

KS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

439049.81

Forgiveness Date

11/05/2020

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