PPP Loan information for Schmitt-orchard, llc

$116,900

Schmitt-orchard, llc was initially approved for PPP Loan of amount $116,900, the current approved amount is $116,900. The loan was approved on 04/29/2020 by The Old Second National Bank reported 65 jobs and $116,900 was used to fund payroll.

Schmitt-orchard, llc is Existing or more than 2 years old

PPP Loan Search / IL / AURORA / Schmitt-orchard, llc

SCHMITT-ORCHARD, LLC

Date Approved

04/29/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SCHMITT-ORCHARD, LLC

Borrower Address

1975 W DOWNER PL Ste 302

Borrower City

AURORA

Borrower State

IL

Borrower Zip

60506-4480

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116900.00

Current Approval Amount

116900.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AURORA

Project County Name

KANE

Project State

IL

Project Zip

60506-4480

CD

IL-11

Jobs Reported

65

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8512.00

Payroll Proceed

93388.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

117594.91

Forgiveness Date

12/09/2020

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