PPP Loan information for Schmidt machine company

$322,100

Schmidt machine company was initially approved for PPP Loan of amount $322,100, the current approved amount is $322,100. The loan was approved on 04/27/2020 by The The Union Bank Company reported 22 jobs and $322,100 was used to fund payroll.

Schmidt machine company is Existing or more than 2 years old

PPP Loan Search / OH / UPPER SANDUSKY / Schmidt machine company

SCHMIDT MACHINE COMPANY

Date Approved

04/27/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

SCHMIDT MACHINE COMPANY

Borrower Address

7013 STATE HWY 199

Borrower City

UPPER SANDUSKY

Borrower State

OH

Borrower Zip

43351-9071

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

322100.00

Current Approval Amount

322100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57443

Servicing Lender Name

The Union Bank Company

Servicing Lender Address

105 Progressive Dr.

Servicing Lender City

COLUMBUS GROVE

Servicing Lender State

OH

Servicing Lender Zip

45830

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

UPPER SANDUSKY

Project County Name

WYANDOT

Project State

OH

Project Zip

43351-0001

CD

OH-05

Jobs Reported

22

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

322100.00

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

57443

Originating Lender

The Union Bank Company

Originating Lender City

COLUMBUS GROVE

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

323997.30

Forgiveness Date

12/08/2020

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