PPP Loan information for Schmidt construction inc

$156,460

Schmidt construction inc was initially approved for PPP Loan of amount $156,460, the current approved amount is $156,460. The loan was approved on 03/20/2021 by The Minnwest Bank reported 7 jobs and $156,460 was used to fund payroll.

Schmidt construction inc is Existing or more than 2 years old

PPP Loan Search / MN / Redwood Falls / Schmidt construction inc

SCHMIDT CONSTRUCTION INC

Date Approved

03/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SCHMIDT CONSTRUCTION INC

Borrower Address

30103 US Highway 71

Borrower City

Redwood Falls

Borrower State

MN

Borrower Zip

56283-2402

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

156460.00

Current Approval Amount

156460.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Redwood Falls

Project County Name

REDWOOD

Project State

MN

Project Zip

56283-2402

CD

MN-07

Jobs Reported

7

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

156457.00

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

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

157407.33

Forgiveness Date

11/08/2021

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