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Schmitz Grain Inc.

$566,623 PPP Loan in Slayton, Minnesota

Loan Details

Loan Number
2174987103
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$566,623
Current Approval
$566,622
Forgiveness Amount
$573,018
Forgiveness Date
Jun 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schmitz Grain Inc.
Address
1823 Highway 59
City
Slayton
State
Minnesota
ZIP Code
56172
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424510)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$12.4M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$566,622

Lender Information

Servicing Lender
First Interstate Bank
Originating Lender
First Interstate Bank

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