PPP Loan information for Schmitt insurance & associates, inc.

$38,966

Schmitt insurance & associates, inc. was initially approved for PPP Loan of amount $38,966, the current approved amount is $38,966. The loan was approved on 04/06/2020 by The Decorah Bank & Trust Company reported 3 jobs and $38,966 was used to fund payroll.

Schmitt insurance & associates, inc. is Existing or more than 2 years old

SCHMITT INSURANCE & ASSOCIATES, INC.

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SCHMITT INSURANCE & ASSOCIATES, INC.

Borrower Address

1060 County Road V68

Borrower City

WAUCOMA

Borrower State

IA

Borrower Zip

52171-8306

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38965.77

Current Approval Amount

38965.77

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24832

Servicing Lender Name

Decorah Bank & Trust Company

Servicing Lender Address

202 E Water St

Servicing Lender City

DECORAH

Servicing Lender State

IA

Servicing Lender Zip

52101-1804

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAUCOMA

Project County Name

WINNESHIEK

Project State

IA

Project Zip

52171-8306

CD

IA-02

Jobs Reported

3

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38965.77

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

Subchapter S Corporation

Originating Lender Location Id

24832

Originating Lender

Decorah Bank & Trust Company

Originating Lender City

DECORAH

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

36147.08

Forgiveness Date

10/15/2020

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