PPP Loan information for Schmidt electric service, inc.

$5,068

Schmidt electric service, inc. was initially approved for PPP Loan of amount $17,970, the current approved amount is $5,068. The loan was approved on 04/29/2020 by The Citizens State Bank of Waverly, Inc. reported 2 jobs and $5,068 was used to fund payroll.

Schmidt electric service, inc. is Existing or more than 2 years old

PPP Loan Search / MN / BUFFALO / Schmidt electric service, inc.

SCHMIDT ELECTRIC SERVICE, INC.

Date Approved

04/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHMIDT ELECTRIC SERVICE, INC.

Borrower Address

109 STATE HIGHWAY 55 W

Borrower City

BUFFALO

Borrower State

MN

Borrower Zip

55313-4328

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17970.00

Current Approval Amount

5068.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39010

Servicing Lender Name

Citizens State Bank of Waverly, Inc.

Servicing Lender Address

609 Pacific Ave

Servicing Lender City

WAVERLY

Servicing Lender State

MN

Servicing Lender Zip

55390

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUFFALO

Project County Name

WRIGHT

Project State

MN

Project Zip

55313-4328

CD

MN-06

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

5068.00

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

Subchapter S Corporation

Originating Lender Location Id

39010

Originating Lender

Citizens State Bank of Waverly, Inc.

Originating Lender City

WAVERLY

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

5102.35

Forgiveness Date

01/08/2021

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