Schmidt's Meat Market INC

$386,700 PPP Loan in Nicollet, Minnesota

Loan Details

Loan Number
5066897107
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$386,700
Current Approval
$386,700
Forgiveness Amount
$389,955
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schmidt's Meat Market INC
Address
319 Pine St Po Box 542
ZIP Code
56074-2077
Business Type
Sole Proprietorship
Industry (NAICS)
Retail Trade (445210)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$309,404
Utilities
$77,296

Lender Information

Servicing Lender
Progrowth Bank
Originating Lender
Progrowth Bank

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