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Schmidys Machinery

$201,300 PPP Loan in Clinton, Illinois

Loan Details

Loan Number
2963467201
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$201,300
Current Approval
$201,300
Forgiveness Amount
$203,379
Forgiveness Date
May 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schmidys Machinery
Address
5293 Business US 51
City
Clinton
State
Illinois
ZIP Code
61727-9475
Business Type
Corporation
Industry (NAICS)
Manufacturing (333924)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$6.5M
Rural/Urban
Rural
Congressional District
IL-15

Loan Use Breakdown

Payroll
$201,300

Lender Information

Servicing Lender
Community State Bank
Originating Lender
Community State Bank

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