Schmidt Electric Inc.

$35,866 PPP Loan in Mound, Minnesota

Loan Details

Loan Number
3229198308
Date Approved
Jan 21, 2021
Loan Status
Paid in Full
Initial Approval
$35,866
Current Approval
$35,866
Forgiveness Amount
$36,040
Forgiveness Date
Jul 20, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Schmidt Electric Inc.
Address
3337 Warner Ln
City
Mound
ZIP Code
55364-9261
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$35,866

Lender Information

Servicing Lender
First National Community Bank
Originating Lender
First National Community Bank

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