Steve Schmitt Motors, LLC

$256,000 PPP Loan in Florissant, Missouri

Loan Details

Loan Number
5165087008
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$256,000
Current Approval
$256,000
Forgiveness Amount
$257,906
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Steve Schmitt Motors, LLC
Address
11655 New Halls Ferry Rd.
ZIP Code
63033-6937
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
Kia Dealer Sales and Service Agreement
Business Age
New Business or 2 years or less
Jobs Reported
23
Estimated Revenue
$5.8M
Rural/Urban
Urban
Congressional District
MO-01

Loan Use Breakdown

Payroll
$192,000
Utilities
$32,000
Mortgage Interest
$32,000

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank & Trust, National Association

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