Schmid Thermal Systems, Inc.

$1,331,130 PPP Loan in Watsonville, California

Loan Details

Loan Number
1548727205
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,331,130
Current Approval
$1,331,130
Forgiveness Amount
$1,345,426
Forgiveness Date
May 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schmid Thermal Systems, Inc.
Address
200 Westridge Dr
ZIP Code
95076-4172
Business Type
Corporation
Industry (NAICS)
Manufacturing (333994)
Business Age
New Business or 2 years or less
Jobs Reported
85
Estimated Revenue
$22.3M
Rural/Urban
Urban
Congressional District
CA-18

Loan Use Breakdown

Payroll
$1,331,130

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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