PPP Loan information for Schmitt implement corp

$20,000

Schmitt implement corp was initially approved for PPP Loan of amount $20,000, the current approved amount is $20,000. The loan was approved on 04/28/2020 by The Iowa State Bank reported 5 jobs and $20,000 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

04/28/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SCHMITT IMPLEMENT CORP

Borrower Address

23044 RT 52 N

Borrower City

HOLY CROSS

Borrower State

IA

Borrower Zip

52053

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

20000.00

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

52053-0301

CD

IA-02

Jobs Reported

5

NAICS Code

444210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20000.00

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

15066.58

Forgiveness Date

10/15/2020

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