Roy Schmidt Motors, INC
$436,007 PPP Loan in Effingham, Illinois
Loan Details
- Loan Number
- 1127177110
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $436,007
- Current Approval
- $436,007
- Forgiveness Amount
- $441,716
- Forgiveness Date
- Aug 5, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Roy Schmidt Motors, INC
- Address
- 1705 W Fayette 0.0
- City
- Effingham
- State
- Illinois
- ZIP Code
- 62401-1976
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 34
- Estimated Revenue
- $8.6M
- Rural/Urban
- Rural
- Congressional District
- IL-12
Loan Use Breakdown
- Payroll
- $308,350
- Rent
- $96,000
- Health Care
- $11,657
- Debt Interest
- $20,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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