Schmid & Son Packaging, Inc.
$294,200 PPP Loan in Cottage Grove, Minnesota
Loan Details
- Loan Number
- 4376687006
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $294,200
- Current Approval
- $294,200
- Forgiveness Amount
- $295,860
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Schmid & Son Packaging, Inc.
- Address
- 7699 95th St S
- City
- Cottage Grove
- State
- Minnesota
- ZIP Code
- 55016-3945
- Business Type
- Corporation
- Industry (NAICS)
- Administrative and Support and Waste Management (561910)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 36
- Estimated Revenue
- $6.8M
- Rural/Urban
- Urban
- Congressional District
- MN-02
Loan Use Breakdown
- Payroll
- $294,200
Lender Information
- Servicing Lender
- Frandsen Bank & Trust
- Originating Lender
- Frandsen Bank & Trust
Other PPP Loans in Cottage Grove, MN
| Business | Approved | |
|---|---|---|
| Werner Electric Ventures LLC | $5,866,200 | |
| Tradehome Shoe Stores, Inc. | $3,666,500 | |
| Eclectic Culinary Concepts INC | $2,000,000 | |
| Ngi Capital, INC | $1,618,900 | |
| American Logistics Services, LLC | $1,593,000 |
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