PPP Loan information for Timothy schmidt

$20,833

Timothy schmidt was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 01/23/2021 by The Merchants Bank reported 1 jobs and $20,833 was used to fund payroll.

Timothy schmidt is Existing or more than 2 years old

TIMOTHY SCHMIDT

Date Approved

01/23/2021

SBA Office Code

0875

Processing Method

PPP

Borrower Name

TIMOTHY SCHMIDT

Borrower Address

5940 13th Ave NE

Borrower City

Towner

Borrower State

ND

Borrower Zip

58788-9139

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20832.50

Current Approval Amount

20832.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52945

Servicing Lender Name

Merchants Bank

Servicing Lender Address

210 S Main Ave

Servicing Lender City

RUGBY

Servicing Lender State

ND

Servicing Lender Zip

58368-1721

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Towner

Project County Name

MCHENRY

Project State

ND

Project Zip

58788-9139

CD

ND-

Jobs Reported

1

NAICS Code

112111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20830.50

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

52945

Originating Lender

Merchants Bank

Originating Lender City

RUGBY

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20912.36

Forgiveness Date

06/15/2021

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