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
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

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