Schmidt Equipment, Inc.
$2,400,000 PPP Loan in North Oxford, Massachusetts
Loan Details
- Loan Number
- 4248077104
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,400,000
- Current Approval
- $2,400,000
- Forgiveness Amount
- $2,428,733
- Forgiveness Date
- Jun 28, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Schmidt Equipment, Inc.
- Address
- 80 Southbridge Rd
- City
- North Oxford
- State
- Massachusetts
- ZIP Code
- 01537-1208
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423810)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 133
- Estimated Revenue
- $40.7M
- Rural/Urban
- Urban
- Congressional District
- MA-01
Loan Use Breakdown
- Payroll
- $2,400,000
Lender Information
- Servicing Lender
- Webster Five Cents Savings Bank
- Originating Lender
- Webster Five Cents Savings Bank
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|---|---|---|
| Sterling Concrete, Corp. | $726,600 |  Research |
| Crocker Architectural Sheetmet | $626,000 | Research |
| French River Education Center, Inc. | $578,000 | Research |
| French River Education Center Inc. | $519,055 | Research |
| Rb Arello INC | $333,000 | Research |
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