Schmitt Dairy INC

$49,700 PPP Loan in Rice, Minnesota

Loan Details

Loan Number
3910898808
Date Approved
Apr 15, 2021
Loan Status
Paid in Full
Initial Approval
$49,700
Current Approval
$49,700
Forgiveness Amount
$49,816
Forgiveness Date
Jul 14, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Schmitt Dairy INC
Address
16699 25th Ave NW
City
Rice
ZIP Code
56367-9768
Business Type
Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (112120)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$49,698
Utilities
$1

Lender Information

Servicing Lender
Falcon National Bank
Originating Lender
Falcon National Bank

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