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
- City
- Redwood Falls
- State
- Minnesota
- 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
Other PPP Loans in Redwood Falls, MN
| Business | Approved | |
|---|---|---|
| Farmers, Union Industries, LLC | $7,058,600 | |
| Northstar Systembuilt LLC | $943,978 | |
| Northstar Systembuilt LLC | $785,500 | |
| Weelborg Ford | $389,700 | |
| Rio Ranch Supply INC | $343,300 |
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