PPP Loan information for Schmid corporation

$56,000

Schmid corporation was initially approved for PPP Loan of amount $56,000, the current approved amount is $56,000. The loan was approved on 02/25/2021 by The Readycap Lending, LLC reported 4 jobs and $56,000 was used to fund payroll.

Schmid corporation is Existing or more than 2 years old

SCHMID CORPORATION

Date Approved

02/25/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

SCHMID CORPORATION

Borrower Address

140 Venture Blvd

Borrower City

Spartanburg

Borrower State

SC

Borrower Zip

29306-3881

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

56000.00

Current Approval Amount

56000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Spartanburg

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29306-3881

CD

SC-04

Jobs Reported

4

NAICS Code

333999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

55997.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56421.92

Forgiveness Date

12/06/2021

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