Date Approved
04/27/2020
SBA Office Code
0875
Processing Method
PPP
Borrower Name
MICHAEL SCHMIDT
Borrower Address
706 4TH ST W
Borrower City
LARIMORE
Borrower State
ND
Borrower Zip
58251-4920
Loan Status Date
02/16/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
13620.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
52864
Servicing Lender Name
State Bank of Lakota
Servicing Lender Address
125 Main St
Servicing Lender City
LAKOTA
Servicing Lender State
Servicing Lender Zip
58344-7105
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
GRAND FORKS
Project State
Project Zip
CD
ND-
Jobs Reported
2
NAICS Code
111140
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
2000.00
Payroll Proceed
11620.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
13714.58
Forgiveness Date
01/07/2021