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Schmelzer Industries, Inc.

$250,375 PPP Loan in Somerset, Ohio

Loan Details

Loan Number
2152448503
Date Approved
Feb 20, 2021
Loan Status
Paid in Full
Initial Approval
$250,375
Current Approval
$250,375
Forgiveness Amount
$251,946
Forgiveness Date
Nov 17, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Schmelzer Industries, Inc.
Address
7970 Wesley Chapel Road NW
City
Somerset
State
Ohio
ZIP Code
43783
Business Type
Corporation
Industry (NAICS)
Manufacturing (313230)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$9.9M
Rural/Urban
Rural
Congressional District
OH-15

Loan Use Breakdown

Payroll
$250,371
Utilities
$1

Lender Information

Servicing Lender
Peoples State Bank
Originating Lender
Peoples State Bank

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