PPP Loan information for Schmitt implement corp

$20,044

Schmitt implement corp was initially approved for PPP Loan of amount $20,044, the current approved amount is $20,044. The loan was approved on 03/27/2021 by The Iowa State Bank reported 5 jobs and $20,044 was used to fund payroll.

Schmitt implement corp is Existing or more than 2 years old

PPP Loan Search / IA / Holy Cross / Schmitt implement corp

SCHMITT IMPLEMENT CORP

Date Approved

03/27/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

SCHMITT IMPLEMENT CORP

Borrower Address

23044 Route 52 N

Borrower City

Holy Cross

Borrower State

IA

Borrower Zip

52053-9783

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20044.00

Current Approval Amount

20044.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24774

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

100 N Main St

Servicing Lender City

CLARKSVILLE

Servicing Lender State

IA

Servicing Lender Zip

50619-2020

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Holy Cross

Project County Name

DUBUQUE

Project State

IA

Project Zip

52053-9783

CD

IA-02

Jobs Reported

5

NAICS Code

444220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20038.00

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

24774

Originating Lender

Iowa State Bank

Originating Lender City

CLARKSVILLE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

20143.40

Forgiveness Date

10/04/2021

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