Schmidt Construction, Inc.

$177,500 PPP Loan in Redwood Falls, Minnesota

Loan Details

Loan Number
4571157202
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$177,500
Current Approval
$177,500
Forgiveness Amount
$178,828
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schmidt Construction, Inc.
Address
30103 US Highway 71
ZIP Code
56283-2402
Business Type
Corporation
Industry (NAICS)
Construction (237990)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$177,500

Lender Information

Servicing Lender
Minnwest Bank
Originating Lender
Minnwest Bank

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