PPP Loan information for Schmidt bagel creations inc

$42,917

Schmidt bagel creations inc was initially approved for PPP Loan of amount $42,917, the current approved amount is $42,917. The loan was approved on 01/27/2021 by The First Merchants Bank reported 7 jobs and $42,917 was used to fund payroll.

Schmidt bagel creations inc is Existing or more than 2 years old

PPP Loan Search / MI / Southfield / Schmidt bagel creations inc

SCHMIDT BAGEL CREATIONS INC

Date Approved

01/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SCHMIDT BAGEL CREATIONS INC

Borrower Address

24551 W 12 Mile Rd

Borrower City

Southfield

Borrower State

MI

Borrower Zip

48034-1208

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42917.00

Current Approval Amount

42917.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Southfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48034-1208

CD

MI-12

Jobs Reported

7

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

42915.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

43481.39

Forgiveness Date

05/24/2022

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