PPP Loan information for Schmidt construction inc

$346,900

Schmidt construction inc was initially approved for PPP Loan of amount $346,900, the current approved amount is $346,900. The loan was approved on 02/11/2021 by The State Bank of Southern Utah reported 47 jobs and $346,900 was used to fund payroll.

Schmidt construction inc is Existing or more than 2 years old

SCHMIDT CONSTRUCTION INC

Date Approved

02/11/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

SCHMIDT CONSTRUCTION INC

Borrower Address

141 N Airport Rd

Borrower City

Cedar City

Borrower State

UT

Borrower Zip

84721

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

346900.00

Current Approval Amount

346900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72214

Servicing Lender Name

State Bank of Southern Utah

Servicing Lender Address

377 N Main St

Servicing Lender City

CEDAR CITY

Servicing Lender State

UT

Servicing Lender Zip

84721-2639

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cedar City

Project County Name

IRON

Project State

UT

Project Zip

84721

CD

UT-02

Jobs Reported

47

NAICS Code

237310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

346897.00

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

72214

Originating Lender

State Bank of Southern Utah

Originating Lender City

CEDAR CITY

Originating Lender State

UT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

350074.37

Forgiveness Date

01/13/2022

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