PPP Loan information for Schmidt insurance agency, inc.

$117,100

Schmidt insurance agency, inc. was initially approved for PPP Loan of amount $117,100, the current approved amount is $117,100. The loan was approved on 04/15/2020 by The Falcon National Bank reported 1 jobs and $117,100 was used to fund payroll.

Schmidt insurance agency, inc. is Existing or more than 2 years old

PPP Loan Search / MN / AVON / Schmidt insurance agency, inc.

SCHMIDT INSURANCE AGENCY, INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHMIDT INSURANCE AGENCY, INC.

Borrower Address

108 AVON AVE N

Borrower City

AVON

Borrower State

MN

Borrower Zip

56310-8515

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117100.00

Current Approval Amount

117100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328519

Servicing Lender Name

Falcon National Bank

Servicing Lender Address

183 Cedar Dr

Servicing Lender City

FOLEY

Servicing Lender State

MN

Servicing Lender Zip

56329-4401

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AVON

Project County Name

STEARNS

Project State

MN

Project Zip

56310-8515

CD

MN-07

Jobs Reported

1

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

117100.00

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

Subchapter S Corporation

Originating Lender Location Id

328519

Originating Lender

Falcon National Bank

Originating Lender City

FOLEY

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

118091.34

Forgiveness Date

03/03/2021

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