PPP Loan information for Schmitt construction co

$18,300

Schmitt construction co was initially approved for PPP Loan of amount $18,300, the current approved amount is $18,300. The loan was approved on 04/10/2020 by The Iowa State Bank reported 2 jobs and $18,300 was used to fund payroll.

Schmitt construction co is Existing or more than 2 years old

SCHMITT CONSTRUCTION CO

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SCHMITT CONSTRUCTION CO

Borrower Address

3766 Otter Ave

Borrower City

Wall Lake

Borrower State

IA

Borrower Zip

51466-7573

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18300.00

Current Approval Amount

18300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25433

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

500 Audubon St

Servicing Lender City

SAC CITY

Servicing Lender State

IA

Servicing Lender Zip

50583-2208

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wall Lake

Project County Name

SAC

Project State

IA

Project Zip

51466-7573

CD

IA-04

Jobs Reported

2

NAICS Code

237110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

18300.00

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

Sole Proprietorship

Originating Lender Location Id

25433

Originating Lender

Iowa State Bank

Originating Lender City

SAC CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

18388.96

Forgiveness Date

10/13/2020

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