PPP Loan information for Schmidt machine co. inc.

$32,900

Schmidt machine co. inc. was initially approved for PPP Loan of amount $32,900, the current approved amount is $32,900. The loan was approved on 01/23/2021 by The First National Bank Minnesota reported 3 jobs and $32,900 was used to fund payroll.

Schmidt machine co. inc. is Existing or more than 2 years old

SCHMIDT MACHINE CO. INC.

Date Approved

01/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SCHMIDT MACHINE CO. INC.

Borrower Address

15446 Blakeley Trl

Borrower City

Belle Plaine

Borrower State

MN

Borrower Zip

56011-9013

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

32900.00

Current Approval Amount

32900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38865

Servicing Lender Name

First National Bank Minnesota

Servicing Lender Address

226 Nassau St

Servicing Lender City

SAINT PETER

Servicing Lender State

MN

Servicing Lender Zip

56082-2056

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Belle Plaine

Project County Name

SCOTT

Project State

MN

Project Zip

56011-9013

CD

MN-02

Jobs Reported

3

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

32895.00

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

38865

Originating Lender

First National Bank Minnesota

Originating Lender City

SAINT PETER

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

33026.12

Forgiveness Date

06/15/2021

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