Schmitz, LLC

$368,462 PPP Loan in Coldwater, Michigan

Loan Details

Loan Number
1076597106
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$368,462
Current Approval
$368,462
Forgiveness Amount
$370,764
Forgiveness Date
Dec 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Schmitz, LLC
Address
188 Treat Avenue
ZIP Code
49036-9709
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (325212)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$37.7M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$294,770
Mortgage Interest
$73,692

Lender Information

Servicing Lender
Southern Michigan Bank & Trust
Originating Lender
Southern Michigan Bank & Trust

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