Schmidt Electric Company, Inc.

$3,595,300 PPP Loan in Austin, Texas

Loan Details

Loan Number
4686047008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$3,595,300
Current Approval
$3,595,300
Forgiveness Amount
$3,624,562
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schmidt Electric Company, Inc.
Address
9701 Fm 1625
City
Austin
State
Texas
ZIP Code
78747-1590
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
279
Estimated Revenue
$91.8M
Rural/Urban
Urban
Congressional District
TX-35

Loan Use Breakdown

Payroll
$3,595,300

Lender Information

Servicing Lender
Security State Bank & Trust
Originating Lender
Security State Bank & Trust

Other PPP Loans in Austin, TX

BusinessApproved
Success Foods Management Group, LLC DBA Torchy's Tacos$10,000,000NewBizBotResearch
Alamo Drafthouse Cinemas Holdings, LLC$10,000,000NewBizBotResearch
Hopdoddy Burger Bar, Inc.$9,493,180NewBizBotResearch
Hospitalists Now, Inc.$9,328,810NewBizBotResearch
Roscoe Properties, INC$9,029,100NewBizBotResearch

Want to research this company further?

Try NewBizBot free