Schmidt Tool & Manufacturing Co., LLC

$277,857 PPP Loan in Willis, Texas

Loan Details

Loan Number
2224557701
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$277,857
Current Approval
$277,857
Forgiveness Amount
$279,687
Forgiveness Date
Dec 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Schmidt Tool & Manufacturing Co., LLC
Address
13967 Fm 1097 Rd W
City
Willis
State
Texas
ZIP Code
77318
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-08

Loan Use Breakdown

Payroll
$222,287
Rent
$10,000
Utilities
$3,436
Health Care
$42,134

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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